Today's announcement is extremely curious!
It is almost as if HGO is setting itself up as a cheap takeover target by announcing to the market an official list of their exploration leases and other assets (such as plant and equipment).
I also found it curious that around 80% of shareholders rejected the bonuses for directors at the last AGM. It almost paints a picture that there is significant animosity between shareholders and the existing board.
I ask this question to existing shareholders - If a low ball takeover offer is made for HGO, what are shareholders going to do to put a stop to it?
A 14 cent offer per share would look like a pittance compared to the true value of copper ready to be sold, money from PHES, money for plant and equipment, money for other exploration leases ....
Ducky
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