HGO 0.00% 5.4¢ hillgrove resources limited

HC freezing!! Sorry. Will try again. And again. "In which case...

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  1. 394 Posts.
    lightbulb Created with Sketch. 52
    HC freezing!! Sorry. Will try again. And again.

    "In which case we should receive some good payments from the company over the next 12 months or so, along with several more years of proven mine life. Since this mine life extension will only progress if of sufficient value and reward to SH, there should be profit returns (dividends) to SH from any future mining, resulting in a good PE, and potential for good capital appreciation on current share price,
    after cash returns from current mine by mid 2019.
    I really can't understand people selling at these prices, when it is anticipated that we will receive more than the current SP from the company over the next 12-18 months, and still have anticipated "speculative" profitable longer term mining, including from high grade gold areas boosting the copper returns."
    Last edited by Dockie: 22/03/18
 
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