Thanks for that. A word of caution. From my experience, forecasting commodity prices Long Term is "all care and no responsibility". Anything more than 1 or 2 years out is a pure guess and any financials should be disregarded, as the data going into the model has no basis of reality. If it was me, making an investment decision on FY18 is like buying a lottery ticket, with the probability of the actual numbers being close to the model just about the same as winning the lottery.
As a test - might I suggest that holders come back in Feb 17 and test the actual HGO numbers that have been forecast against the reality. (I know it is 14 months away - but it will give you a pointer on how well their forecasting is.
I wish HGO holders all the best. I will stop posting now.
HT1
Another Day Another New Low !, page-22
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.8¢ |
Change
-0.004(4.88%) |
Mkt cap ! $163.4M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.1¢ | 7.7¢ | $591.4K | 7.477M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 657465 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.8¢ | 261571 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
7.8¢ |
Change
-0.004 ( 3.70 %) |
||||
| Open | High | Low | Volume | ||
| 8.1¢ | 8.1¢ | 7.7¢ | 2736788 | ||
| Last updated 15.58pm 05/06/2024 ? | |||||
| HGO (ASX) Chart |