HGO 1.64% 6.2¢ hillgrove resources limited

Ann: 17% Increase in May Production, page-51

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. VYR
    4,688 Posts.
    lightbulb Created with Sketch. 3037
    Thanks,

    The ES numbers tell us that it costs $20k a day to maintain the plant and an additional $80K a day to operate it.

    If they are revenue positive operating the plant 50 % of the time while only processing at 29% of capacity they will be getting further ahead to the tune of $33.6k /day. $1m/month when they get the plant operating at capacity.

    All the more reason to drop the cut off grade to process as much profitable ore as possible while ramping up to full production processing high grades.
 
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $129.9M
Open High Low Value Volume
6.3¢ 6.4¢ 6.1¢ $270.4K 4.312M

Buyers (Bids)

No. Vol. Price($)
6 879999 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 1283387 5
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.