I think all shareholders are hardened by the fact that HGO often disappoints which I guess is reflected in the share price.
The forecast for mining to be completed in the 3rd q of 2018 was dreaming on a grand scale. The millions just kept rolling out the door and probably continue to do so to a lesser extent.
A forecast of all creditors on normal terms and a substantial cash balance by the end of 2018 turned out to be $2.5m of cash with creditors still sitting at $20m.
Hopefully the cash balance has grown by more than the $1m from the PHES and the dividend doesn't have a decimal point in front of it.
Is it too much to expect that we might also be told that UG mining at the bottom of the pit is a definite.
Having adjusted my expections down from a banquet to a hamburger I'm now hoping for a cup of chips.
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Last
5.5¢ |
Change
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Mkt cap ! $115.2M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.4¢ | $281.8K | 5.091M |
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No. | Vol. | Price($) |
---|---|---|
6 | 668677 | 5.4¢ |
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Price($) | Vol. | No. |
---|---|---|
5.6¢ | 7160 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 640140 | 0.054 |
11 | 645546 | 0.053 |
6 | 938460 | 0.052 |
5 | 389788 | 0.051 |
11 | 772344 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 7160 | 1 |
0.057 | 108150 | 1 |
0.058 | 219979 | 2 |
0.059 | 892847 | 2 |
0.060 | 4632132 | 3 |
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