That's the Fremantle presentation. Today's was held in Sydney. the Day 2 wrap up is available on YouTube with HGO starting at 3:34.
Lots of great takeaways.
1. The current copper price is adding $40m of revenue per year.
2. reduction in cut off grade adds 3+ million tonnes of ore from existing resources
3 Deeps drilling is underway
4 currently producing at a 1m tonne per year rate ramping to 1.4m
5. Copper grades reconciled to the plan so far indicate a conservative estimation. If this continues, will have a a significant positive impact on revenue.
Price movement today may have been a reaction to people thinking the CR after the Fremantle RIU presentation is about to happen again.
Having accumulated a few HGO shares over the last 10 and a bit years I'm a lot more comfortable now than at any time previously.
There will be some great announcements in the next few months. The Lassonde curve will accelerate soon
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