HGO 0.00% 6.2¢ hillgrove resources limited

2017 Cash flow, page-2

  1. VYR
    4,544 Posts.
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    The Bailleau Holst forecasts from Feb 16 are a good point of reference which detail the underlying assumptions. Unfortunately the low point in the copper price forecast came before the cut back was completed and caused a near death cash flow crisis.
    With that hopefully behind us and lower strip ratios and higher grades coming they indicate that we could see operating cash flows of circa $90m / annum at a coper price of $au3.60 lb.
 
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