HGO 1.56% 6.3¢ hillgrove resources limited

Ann: Quarterly Report and Appendix 5B for 31 December 2022, page-20

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  1. 1,880 Posts.
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    Hi Joannie,

    You following me haha.
    I hope you get well soon.
    Plenty of good commentary on here to fill you in.
    HGO has had a bit of a hiccup over the last six months, copper prices dropped and made financing hard on good terms.
    You have come at a good time with copper prices recovering it’s highly likely we can now get finance soon and be operational in the next year. With existing infrastructure in place the loan will be relatively small, so pay back quick. The dividend outlook is strong with significant tax credits in place.

    Good luck, take care of yourself
 
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