HGO 1.49% 6.8¢ hillgrove resources limited

Nothing much to see here except for those who are anal about...

  1. VYR
    4,459 Posts.
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    Nothing much to see here except for those who are anal about numbers.

    It seems that by the end of December the ore that was mined in the development shafts cost $974,000 We have no way of knowing the grade or cost per tonne but at a grade of 1.05% cu and a mining cost of $47/t the mining cost is about equal to the free cash flow generated from processing and selling

    The free cash flow generated at 2% cu is three times the mining cost
    and
    The free cash flow generated at 0.6% is about 10% of the mining cost.




    https://hotcopper.com.au/data/attachments/5987/5987934-2550d5a8dcca10c405ca9900a9fdea5a.jpg





 
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