Of course like every good stories there is more.
With cu prices rising the cut-off grade could easily drop to 0.5% and add more tonnage.
From Kavanagh, Spitfire and Nugent targets we could easily have a 9 to 12 year mine life processing circa 1.5mt per annum.
Adding the targets at Coopers, North Kavanagh, Paringa and Emily Star could Kick the through put up to 3mt per annum for 3 to 8 of those years.
By then Stella could easily be lined up to keep the plant full.
HGO could easily be trading on a PE multiple on the profits from annual production of 30kt of cu and a nice long mine life plus heaps of blue sky with everything open at depth and all the other ELs.
Interesting few months coming up.
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Of course like every good stories there is more.With cu prices...
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $119.4M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.4¢ | $102.6K | 1.876M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1009400 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 81589 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 629572 | 0.053 |
6 | 938460 | 0.052 |
5 | 389788 | 0.051 |
9 | 542344 | 0.050 |
4 | 550425 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 381589 | 6 |
0.056 | 317773 | 4 |
0.058 | 219979 | 2 |
0.059 | 148997 | 2 |
0.060 | 4632132 | 3 |
Last trade - 11.48am 09/08/2024 (20 minute delay) ? |
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