Another great ann highlighting the critical thinking focused on the processing circuit at Hillgrove. Lot of value to be delivered in getting recoveries closer to other refractory gold circuits.
CY 2025 I've seen the following highlighted by BoD:
- Movement of concentrate drying filter ✔️
- Dry stack TSF1 ✔️
- Plant upgrades highlighted by met studies to improve recoveries (in theory) ✔️
- Focus on Hillgrove as long life gold asset post Antimony ore body extract ✔️
The big what-if BoD can control is financing. A 60/40 debt equity split as rumored to fund CAPEX will be catastrophic for shareholders ❌️
All things considered from an operational POV they are thinking and performing in a way that is value accretive to shareholders and refining Hillgrove to give the plant the best possible chance of a successful restart.
LRV Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)