HGO hillgrove resources limited

Ann: Appendix 5B for Quarter Ended 31 March 2024, page-14

  1. 143 Posts.
    lightbulb Created with Sketch. 11
    Hi everyone.

    HGO has only been paid 95% for the copper so far and they get the rest went it gets to China. Then HGO gets the 5% for the copper and the gold credits too.
    So, the 9,5 million dollars and do not forget the 2.2 million dollars for the GST that we got back.
    HGO is only down by 4 million dollars for this quarter.
    We have only been mining for 6 weeks and a total of 828 tons.
    Next quarter we should be around the 2500 tons so HGO should make about 30 million dollars.
    We will see if I am right.

    Keith


 
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