I would not be surprised to see a CR (maybe ca 6cents) to fund part/all of the redevelopment costs. IMO this is a small company and Kanmantoo project has some risks (would be impacted by slump in copper price if there was a global slowdown). CRs are very common in my experience/ observation (even if management say it won’t happen). I admit my comment is speculation- just my opinion. That said, I am a holder of HGO and I plan to add much more once the FID / financing is resolved.
HGO Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
