HGO 1.59% 6.4¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-203

  1. 10 Posts.
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    Excellent work VYR.

    Assuming the Copper Price is $13,500 and your free cash flow is correct.

    With HGO being able to expand mine life to 20 years or more. Most pure copper plays operate on a 10-15 PE Ratio.

    That would mean a share price of 58 - 86 cents.

    Happy to have people comment and shoot down my logic.

    But happier if the logic is reasonable. Especially if Copper Price strengthens.
 
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