HGO 1.75% 5.8¢ hillgrove resources limited

Ann: MD's presentation to AGM, page-9

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  1. 1,428 Posts.
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    I was at the AGM. It was lightly attended, but the tone was much more positive than in past.

    Drilling gets underway in Q3 2018, with Kanappa in particular looking like a cracker of a target.

    Pumped hydro looks better and better. It could be worth a lot but it could be worth zilch...time will tell it always does.

    Some serious cash being generated and will continue to do so until mid 2020. Note that mining costs are 2/3 of total production cash cost....and mining stops mid 2019. You don't need to me a rocket scientist to figure out the cash cost will be very low for the final year where it is processing only.

    Show me the money!

    Rosco
 
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