HGO 1.89% 5.4¢ hillgrove resources limited

Ann: Updated Nugent Mineral Resources Estimate, page-111

  1. 1,440 Posts.
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    How confident is everyone that that the $30m refurb figure is accurate ? Many miners are talking 30% increases. Seems they've been quoting this for a while and have ignored inflation.

    Guess it just means longer payback, but wouldn't be surprised if the FID suddenly says they need to borrow $40-50m. Still small.

    Does anyone know what the quantum of the previous offtake was ?

    Cheers
 
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