HGO 3.45% 5.6¢ hillgrove resources limited

Hi Docki. It will go way past 2020. There's the underground, the...

  1. VYR
    819 Posts.
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    Hi Docki.

    It will go way past 2020.

    There's the underground, the "not far down the road" and Indonesia.

    There is $207m of tax losses so we can earn 36 cents a share clear of tax. which is a massive hidden cash flow benefit.

    and there's more

    we have $24m of franking credits which is 4.2c a share

    and cop this, there is even more.

    Copper made a sharp up turn today back to $3.21

    To put that into perspective the Expert valuation is based on 100 million pounds at an average $2.80

    Quarterly ops report next week. The penny has got to drop soon.
 
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