HGO 1.82% 5.4¢ hillgrove resources limited

Q&A with Lachlan Wallace of Hillgrove Resources, page-2

  1. 105 Posts.
    lightbulb Created with Sketch. 23
    Thanks for the video Jedd,

    Quoting Lachlan,

    "We raised money in only May last year we got straight into that underground development and it's just been 8 months' worth of development of the underground about a month worth of commissioning of the processing facility to get now to our first copper production and this week we get into our first sales, see first cash generation and that's really important because it now enables us to stand on our own two feet and to fund that future ongoing exploration and growth program".

    Just over a week after this statement we had a trading halt basically telling us that we need more funding.
    What changed so quickly that our CEO/MD was not aware of the situation when he gave this interview?
    Last edited by Ebor56: 23/02/24
 
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
-0.001(1.82%)
Mkt cap ! $113.1M
Open High Low Value Volume
5.6¢ 5.6¢ 5.4¢ $183.5K 3.363M

Buyers (Bids)

No. Vol. Price($)
5 503250 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 18000 1
View Market Depth
Last trade - 15.54pm 15/11/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.