At first sight the Q2 report doesn't have a lot of good news. However the confirmation that Copper production should reach at least 18,000 tonnes and Gold production at least 5500 ounces suggests that second half revenue will be about $30m higher than the first half figure of $62.2m. Management is being conservative so it looks like a lot of this improvement won't be seen until the final quarter. 2018 will be a good year.
HGO Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held