HGO 3.77% 5.1¢ hillgrove resources limited

Ann: Change in Director's Interest, page-47

  1. 13,333 Posts.
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    Not sure about additional drilling but dec quarter was prepared after infill drilling results and it was pretty much positive as per below:

    "There were significant improvements in nearly all physical production and unit cost metrics:
    o Copper production increased from 3,103t last quarter to 3,765t this quarter;
    o Gold production increased from 2,187oz last quarter to 2,316oz this quarter;
    o Mining movements increased from 959kBCM last quarter to 1,328kBCM this quarter;
    o Processing throughput increased from 675kt last quarter to 898kt this quarter;
    o Mining unit cost decreased from $16.88/BCM last quarter to $15.13/BCM this quarter; and
    o Processing unit cost decreased from $7.68/t last quarter to $6.09/t this quarter"

    Hence, now I am more interested in next quarterly for improved cash flow plus waiting to hear end of hedging contracts to take adv of increased copper price.
 
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