HGO 1.79% 5.5¢ hillgrove resources limited

Ann: Primary Crusher Bearing Replacement, page-13

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  1. 23,765 Posts.
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    Hi VYR , as I stated my costs are based on page 7 of the quarterly which clearly states $2.27 a #, they are all cash costs , there is even an ore inventory adjustment in those costs .
    Yes you would be correct in your analysis if I took the costs from the P&L statement .

    Hopefully next quarter I will be proven wrong and the costs align with the valuation report of last year , or alternatively I do get an argument that is valid for my calculations being incorrect which I would not take humbrege to as it would make me more confident of my investment in this .

    Hi Dockie of course there is gold in the stock pile lower grade , but treatment costs will be less than the value they get out therefore the stockpiles are an asset .
 
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