HGO 1.89% 5.4¢ hillgrove resources limited

Ann: Fremantle Conference Presentation, page-36

  1. VYR
    4,657 Posts.
    lightbulb Created with Sketch. 2990
    Good to learn that title is passed and payment made for 95% when the concentrate reaches the port. Always good to have the cash coming in shortly after it has gone out.

    That 25 Kms of drilling that they are working on could deliver some good news.

    A bit of frenzied trading today. The Perth Punters who liked the story could be behind the cunning moves to frighten a few holders into thinking there is some bad news about to emerge.

    If there was anything substantially wrong with the plan and its execution we would have found out because they would have run out of cash before revenues started to come in.

    No fat lying around in the bank to cover stuff ups..

    $10m of the $42m still in the bank at end of December when stope mining and plant commissioning started and Cash coming in this week would indicate a plan well budgeted and extremely well executed. Lachlan is looking like a legend.

    The Perth Punters will be laughing their tits off. They like us would have thought they would need to wipe the sell lines to get a stake. Turning that into spooking the sellers into wiping the buy lines is every punters dream.

    https://hotcopper.com.au/data/attachments/5965/5965840-452f7849607c35e5fbea02831626e9b4.jpg



 
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.001(1.89%)
Mkt cap ! $113.1M
Open High Low Value Volume
5.4¢ 5.4¢ 5.3¢ $165.3K 3.108M

Buyers (Bids)

No. Vol. Price($)
1 537539 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 487724 5
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.