HGO
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1.49% 6.6¢ hillgrove resources limited

Ann: Trading Halt, page-5

  1. Moyston L-P
    89 Posts.
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    20/09/21
    13:38
    Post #: 56206206
    Will it be fresh blood, perhaps the JV partner required to extract and carry some risk?
    Will a 25% portion ( I think allowed) be made available to retail investors such as us?
    My guess is something like $5-10M will be sought to get through to the FID. If so this is a significant dilution. I wonder what price per share? 5 cps? It is a strong signal and may uptick the sp.
    Time will tell.
    Good luck all.
    HGO Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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