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1.61%

6.3¢ hillgrove resources limited

Expert Valuation for EGM, page-36

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Dockie

568 Posts.

83

24/01/18

22:06

Post #: 30547273
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Originally posted by Dockie ↑

I have just listened to this interview by Alan Kohler - cost me $1 to join The Constant Investor (to read a recent interview about BRN), but I found this very interesting, and reassuring, and don't think that it has been posted here before. Dated 17 July. Copper price up, I think, since then but haven't checked. Anticipated cash of about17-18cps by mid 2020. And that many key investors want a cash return with a cash payout. And that our company has a load of franking credits. SP at that time 8cents. Talks about a possible cash payout to investors (fully franked??) of say 50% of cash, so about 8cps, and then depending upon future progress, on copper price, and on any mine life extension, etc., remaining as a profitable low cost copper mine, with a SP relating to PE. But a good investment between then and 2020 just on cash realised basis, with no future mine speculation.

https://theconstantinvestor.com/top_stock/mitch-taylor/hillgrove-resources/

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And if only goes to 2020 then I think the key investors will want all of the 17-18cps. Returned to shareholders from what the analyst said. Analyst being interviewed was one of the cash backers at 4cps and convertible note holders.

HGO Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $129.9M

Open	High	Low	Value	Volume
6.0¢	6.3¢	6.0¢	$52.65K	840.4K

Buyers (Bids)

No.	Vol.	Price($)
5	616856	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	527625	3

View Market Depth

No.	Vol.	Price($)
4	516856	0.062
2	700000	0.061
3	196665	0.060
7	786610	0.059
3	338637	0.058

Price($)	Vol.	No.
0.063	591438	5
0.064	1269114	5
0.065	805517	4
0.066	138498	2
0.067	106091	4

Last trade - 12.11pm 17/10/2024 (20 minute delay)

HGO (ASX) Chart

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