HGO 1.75% 5.8¢ hillgrove resources limited

KCCCC, page-32

  1. 548 Posts.
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    Hi VYR,


    "The only thing thats a bit weird IMO is that they seem to be spending money in advance of when they really have to."



    I think you have noted before (and perhaps have just forgotten when making your last post) - The reason (or a large part of) that HGO are pressing ahead with the rehab obligations and using (valuable) resources (machinery/man-hours), is that they are unable to fully utilize them in the now constrained pit floor, whilst the rehab has to be done regardless. For what it's worth, I also point out once more, that contrary to your statement in Post #: 37100602 , production( the processing plant) is reported to be able to continue on stockpiled ore until Q3 2020 (not 2019) - A small point ? but one that alarms each time it's read ! 


    Fingers crossed for some good news soon - 


    cheers,  Foyt

    Last edited by foyt: 14/01/19
 
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