Excellent post.
The question in my mind is how long they can keep up this potentially good performance. If its two years then they will be able to redeem a good portion of their original investment in Kanmantoo, which is pleasing.
The trick will be however, to spend enough to be able to move to another good ore body before the current ore dries up and as a result take advantage of all the investment that has been made in HGO as a going concern.
At first, the leadership made many, many mistakes which lead in part to our recent near death experience. Our current leadership is now seasoned and we have years of corporate experience and memory of what works and what does not. For this reason, I believe that HGO may end up fulfilling the original dream although there are many challenges ahead.
We live in interesting times.
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $108.9M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.7¢ | $40.88K | 712.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 637837 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 431267 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49767 | 0.080 |
2 | 230000 | 0.079 |
2 | 136415 | 0.078 |
1 | 97825 | 0.077 |
2 | 600000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 137770 | 2 |
0.084 | 288879 | 3 |
0.085 | 2009000 | 2 |
0.089 | 229500 | 1 |
0.090 | 76002 | 3 |
Last trade - 15.34pm 22/11/2024 (20 minute delay) ? |
HGO (ASX) Chart |