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6.1¢ hillgrove resources limited

Ann: Change in Director's Interest, page-49

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TheFresh

1,301 Posts.

27/02/17

23:49

Post #: 22953503
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Originally posted by jeans_sammy ↑

Not sure about additional drilling but dec quarter was prepared after infill drilling results and it was pretty much positive as per below:

"There were significant improvements in nearly all physical production and unit cost metrics:
o Copper production increased from 3,103t last quarter to 3,765t this quarter;
o Gold production increased from 2,187oz last quarter to 2,316oz this quarter;
o Mining movements increased from 959kBCM last quarter to 1,328kBCM this quarter;
o Processing throughput increased from 675kt last quarter to 898kt this quarter;
o Mining unit cost decreased from $16.88/BCM last quarter to $15.13/BCM this quarter; and
o Processing unit cost decreased from $7.68/t last quarter to $6.09/t this quarter"

Hence, now I am more interested in next quarterly for improved cash flow plus waiting to hear end of hedging contracts to take adv of increased copper price.

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What's your expectations over the next few months jeans Sammy?

HGO Price at posting: 7.1¢ Sentiment: Hold Disclosure: Held
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Last 6.1¢		Change -0.003(4.69%)		Mkt cap ! $127.8M

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Price($)	Vol.	No.
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