HGO
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1.75% 5.8¢ hillgrove resources limited

Ann: IMARC Pamphlet, page-14

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  1. grussellt
    286 Posts.
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    08/11/17
    10:27
    Post #: 28595400
    https://www.bloomberg.com/quote/LMCADS03:COM

    The leaflet didn't mention the current copper price strength but the present price of around $US7000 is similar to that received in 2013-2014 and looks like being at least maintained. That translates to a price of over $A9000/tonne and provides a very rosy cash flow from possible production of up to 24,000 tonnes in 2018. A few additional comments from HGO about cash flow exceeding $70m next year would be very welcome
    Last edited by grussellt: 08/11/17
    HGO Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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