Personally think the sp is doing ok with a steady rise back from the post raise lows. It was always going to take time to churn back thru the raise shareprice.
The market is always a bit slow to kick back in … probably more so with Kanmantoo’s history … but encouragingly HGO outproduced A1M copper production last qtr at very similar costs and it’s EV is circa double Hillgrove’s.
Bob clearly knows he has to continue to deliver reliably and he has imo … he has shown consistent incremental improvements across several metrics as he reorganises the business.
There is a lot riding on each production report … anticipating reasonable May production numbers. Time will tell very soon.
I have been following Hillgrove progress for around 5-6 years and have only recently bought based on the balance of sp / management / copper price and mining potential.
HGO Price at posting:
4.0¢ Sentiment: None Disclosure: Held
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