Australia's largest stock trading and investment forum Australia's #1 stock forum

HGO

Click for more information

2.50%

8.2¢ hillgrove resources limited

Ann: Continued Ramp Up In Production at Kanmantoo, page-14

First 14 Last

Share
Profile

Follow
afd

2,041 Posts.

587

29/04/24

12:37

Post #: 73557353
Share

Originally posted by VYR: ↑

Interesting question which management have obviously had to put a lot of thought into.

It looks like they started two crews working 12 hour shifts on a six days on 6 days off schedule in the middle of Feb.

We now know how much ore was process each month and that 81,426 t was processed in 14 days. which would be an hourly rate of 242t/hr

That compares to the study average processing rate is 350t / hour.

They started the Feb campaign in the middle of Feb and only processed 33,605 t. That would be around 6 days at 242t/hr.

March processed 70,788t which at 242t/hr would be 12 days.

They may well have started two shift crews in the middle of Feb with a 6 days on and 6 days off programme.

Working 15 days a month and processing 350t/hr would get tonnes milled up to 120,000 a month which is the forecast from months 10 through to 22.

I guess Jumping up to 140,000t/ month would involve 7 days on and 6 days off.

I hope they have got a good man sorting the shifts out.

Expand

Thanks V

HGO Price at posting: 7.7¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 14 Last

Add HGO (ASX) to my watchlist

(20min delay)
Last 8.2¢		Change 0.002(2.50%)		Mkt cap ! $169.7M

Open	High	Low	Value	Volume
8.0¢	8.2¢	8.0¢	$257.5K	3.183M

Buyers (Bids)

No.	Vol.	Price($)
7	730088	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	507935	11

View Market Depth

No.	Vol.	Price($)
7	730088	0.081
6	935340	0.080
9	2383820	0.079
6	422047	0.078
5	158020	0.077

Price($)	Vol.	No.
0.082	507935	11
0.083	466083	7
0.084	498167	7
0.085	581522	9
0.086	101123	4

Last trade - 15.46pm 04/06/2024 (20 minute delay)


Last 8.1¢			Change 0.002 ( 1.25 %)
Open	High		Low	Volume
8.1¢	8.2¢		8.0¢	1258357
Last updated 15.54pm 04/06/2024 ?

HGO (ASX) Chart