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2.22% 6.9¢ hillgrove resources limited

They seem to have generated $20m in cashflow in the second half...

  1. kingston67
    191 Posts.
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    30/01/19
    14:39
    Post #: 37265931
    They seem to have generated $20m in cashflow in the second half of 2018 based on the reduction in borrowings, creditors and cash at end. If they could repeat that for the first half of 2019 then they would have enough cash to pay a 3c to 4c fully franked dividend ?

    Good to see the PHES process is still alive with competing bids and discussions continuing with a preferred bidder. Still impossible to say what this is all worth if anything and what the timetable is.

    Kanappa results seems disappointing
    HGO Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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