If they thought $$ from ESG was imminent, why would they have done the capital raising? As a holder of both HGO and ESG i hope there is a takeover, but don't see the strategy to go Kanmantoo alone as evidence of any impending deal.
HGO has enough $ to fund Kanmantoo, but would leave nothing left to pursue Sumba etc. With the cap raising they can do K and their exploration.
hillgrove goes it alone on kanmantoo project, page-30
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7.3¢ |
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Mkt cap ! $152.9M | |||
| Open | High | Low | Value | Volume |
| 7.4¢ | 7.5¢ | 7.2¢ | $293.4K | 4.013M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 279925 | 7.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 382665 | 1 |
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| HGO (ASX) Chart |