HGO 1.59% 6.4¢ hillgrove resources limited

Equipment Sale, page-36

  1. 2,682 Posts.
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    According to VYR the residual value of the assets should cover the current low market cap. Not sure if he still holds this opinion.

    However, we still have some irons in the fire at this point. And if it comes to it a, CR may be needed to tide us over until project funding becomes available.

    Apart from the extra gold recovery they are looking at, my view is that they have shown that the expected CU and gold deposits extend out as expected.

    The UG is just designed as a return to mining and while it should be a good earn at these copper prices, This should pay for bigger things further a field.

    Time has marched on so I can understand some reluctance and I get your point. Hopefully the MRE is not too far away and that the Cu price marches inexorably higher. This at least is going our way.

 
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