HGO
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3.03% 6.8¢ hillgrove resources limited

Ann: $10 Million Placement To Fund Mine Extension Drilling, page-20

  1. 75fj40
    295 Posts.
    lightbulb Created with Sketch. 107
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    26/02/24
    14:22
    Post #: 72599156
    From my point of view the weakest part of HGO is the short LOM of 4 years. This Cr gets $10m to drill and extend LOM. That will cause a rerate in my opinion as bigger players will then get interested. I am happy to have a diluted share of a company that can now power ahead towards a earlier rerate.
    HGO Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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