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6.25% 5.1¢ hillgrove resources limited

24 hours later, copper is continuing to rise and has jumped...

  1. webzone10
    642 Posts.
    lightbulb Created with Sketch. 21
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    10/11/16
    22:09
    Post #: 20532419
    24 hours later, copper is continuing to rise and has jumped another $US0.10/lb

    Instead of $10m- 11m in extra cashflow, its now looking more like $14m in extra cashflow assuming HGO used $US2.15/lb in its cashflow forecast.

    Copper has risen from $US2.09/lb on 21 Oct to $US2.56/lb today.
    HGO Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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