HGO 0.00% 6.1¢ hillgrove resources limited

Ann: $10 Million Placement To Fund Mine Extension Drilling, page-4

  1. 4,793 Posts.
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    Got my fingers crossed that the DEEPS hold plenty of plus 1% CU mineralisation of minable thickness .

    The placement should get us to the point of meaningful production free cash flow .

    What is disturbing though is the disconnect of this surprise capital raise with the confident narrative the Market was being fed only a short time before the CR was Announced .

    Not much has been sold at 5.8 cents but is a bit of a " Not Happy Jan " message from some departing share holders .
    I bought some more at 6 cents as it should be full steam ahead from here .
    But yes I think that communication could have been better .
    Did someone put a gun to their head ?
 
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