HGO
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1.75% 5.8¢ hillgrove resources limited

Hi Grussellt,8% to 10% return isn't at the flash end of the...

  1. VYR
    819 Posts.
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    28/03/19
    11:58
    Post #: 37912473
    Hi Grussellt,

    8% to 10% return isn't at the flash end of the spectrum. I don't think our tenderers will be wanting to give away too much of the cream above that bench mark.

    I guess tenderers will be cognisant of the fact that the market is valuing HGO in its entirety at > $50m
    when its pregnant with a forecast for circa 18kt of copper coming from the pit after 4 months of mining cost with one machine operating and 16months of processing..










    HGO Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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