HGO 3.51% 5.5¢ hillgrove resources limited

With all the rubbish that's going on around the world it's good...

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  1. VYR
    4,715 Posts.
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    With all the rubbish that's going on around the world it's good to have something to celebrate.

    Nice days trading today with only 3,800 sold short yesterday

    https://hotcopper.com.au/data/attachments/6525/6525926-95ed761f91da521d27ead198830c876d.jpg


    Remember the company has been cash poor up until now. I'll be happy if the MRE replaces what's been mined and adds a bit. Plenty of time to do more expansive mine life extension drilling as the cash balance builds.

    I think if the holes that were drilled into the deeps had intersected anything they would have reported the intersections. It will be interesting to see what's going on there. It will take a lot of drilling to explore it properly and it will be a few years before the mine gets down to it so no urgency.

    It seems that the plant has to run half full or full due to staff working 14 day on and 14 day off shifts.

    i'm hoping that in a years time when Nugent comes on line dropping the cut off grade will deliver enough ore to run the plant full.

    Time to celebrate big time when those adds for plant operators appear.
 
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5.5¢
Change
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Mkt cap ! $115.2M
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5.7¢ 5.7¢ 5.5¢ $229.2K 4.104M

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8 1508162 5.5¢
 

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Price($) Vol. No.
5.6¢ 61250 2
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Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
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