HGO 0.00% 5.5¢ hillgrove resources limited

KCCCC, page-38

  1. VYR
    4,576 Posts.
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    One has to have the impression that management is focused on their own future.

    All of the recent Investor Briefings have been about possible resources and future mining and how much value the Giant Pit adds to future UG mining if the PHES doesn't go ahead. They have had no positive effect on the share price. Waste of time and money at best.


    There has been no focus on what the company is worth with the sum of the Giant Pit cash flow and the PHES. Which is why I'm heavily invested. 

    I have never invested in exploration and don't intend to start.


    I would like to think the giant pit value component of the presentations is about making sure we get the best price for the PHES but I'm pretty sure thats not the case. 


    We only need to be patient for a few more weeks to be let out of the dark on performance thus far on the giant pit and what is likely to emerge from the PHES negotiations.

    Its comforting to know we have a couple of big shareholders represented on the board.



 
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