HGO 1.59% 6.4¢ hillgrove resources limited

Ann: Capital Raising Presentation, page-31

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  1. VYR
    4,680 Posts.
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    Settlement of Placement (T1)Thursday, 24 December

    A nice little Christmas present to get the drilling rigs jingling along the road to Kanmantoo.

    Lachlan would have made sure he has the support of enough shareholders to make T2 a certainty and any shortfall in the rights issue wouldn't be a deal breaker to get to a DFS.

    With the drilling and investigations put into the UG proposal to date it would now seem to be a matter of waiting to see just how good HGO can get.

    Cheers and best wishes.
 
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