This is a great announcement from Hillgrove, perhaps the most...

This is a great announcement from Hillgrove, perhaps the most telling of recent times.

The Company has stated that all the initiatives it sought to implement and or renegotiate with its stakeholders to see it through the tightest cashflow period of its current operations have been achieved.

They are now on a much improved credit footing and can utilize hedgeing to their advantage once more (something they have been pretty successful with in recent history).

I expect that there will be some bigger fish watching very closely for the first signs of positive free cashflow confirming the giant cutback is hitting "the zones" and that mining costs continue to fall.

Very happy with today's announcement and the commitment from current management.

GLTAH Foyt