HGO 1.79% 5.5¢ hillgrove resources limited

There should be ample cash to pay an annual 6cent fully franked...

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  1. VYR
    819 Posts.
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    There should be ample cash to pay an annual 6cent fully franked dividend for the next three years while retaining enough cash to fund the exploration and underground mining.

    If the possible resources can be converted to reserves and the mine life extended, as the man in the interview says, we could trade on a multiple of earnings.

    Trading based on a 5% dividend yield isn't out of the question if the the suspected resources prove up.

    Great things often happen when winds are favourable.

    SBM went from 10c to $3.87 in three years.
 
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Last
5.5¢
Change
-0.001(1.79%)
Mkt cap ! $108.9M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $35.2K 640K

Buyers (Bids)

No. Vol. Price($)
5 455989 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 1299916 2
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Last trade - 10.04am 26/11/2024 (20 minute delay) ?
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