water supply for kanmantoo, page-3

Nice work Supercruiser. I found this statement in the text:

"It is estimated that the Hillgrove Mine could continue for 15 ? 20 years based on the quantity of ore available, but its continued operation is obviously dependent on copper prices."

I imagine this estimate came from HGO. Yet to be backed up by drilling although hopefully a good sign of things to come.

The financing issue is dragging on. HGO for at least a year have been saying there is plenty interest from banks. No doubt there has. I just hope the terms of the loan they end up with are not unreasonable and dose not involve the vending of project equity. One thing for certain HGO's fortunes over the next 2 years will not follow the script. HGO have a habit of dropping little surprises!

AB