So, as production has been happening for a while now, and improving, and as the new CEO has had his feet "down the mine" (not as the hackneyed expression goes "under the table") for a while now, and as the Cu price has been improving, and as the sp is showing shoots of life, and mostly as it is Spring, a young man's thoughts turn to LOVE - ie would love a Quarterly announcement!
So when might this happen ????
Young men are impatient for love.
I offer the following thoughts about the timing of requited love.
1. The HGO website offers no promised love date, nor guidance.
2. HGO's recent Quarterlies have been 3-4 weeks after start of following Quarter (ie 26 April for QTR1, 29 July for QTR2)
3. Item 2 is typical for ASX-listed companies, and part of listing requirement requirement for reporting within a month.
4. HGO recognised the importance of ramp-up of production (and criticality of early cash-flow) and provided early production only numbers (but no $$s) 3-4 days into last 2 quarters (ie 4 April and 3 July)
So, will the announcement be in 3-4 days or 3-4 weeks?
Or both - first production , then financials ?
Or, if HGO Board were to consider that production, cash flow and cash balance were sufficiently higher than prior results, projections and market expectations, it would need to hurry the results so that the market was not trading uninformed regarding price-sensitive information.
What to you all think? - I am expecting something by October 4.
I hope I love it.![]()
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