With the days of capital expenditure on overburden removal now behind us. and the current copper price its probably fair to say that we have made it. in a big way.
Very happy that I bought when others were frightened and the Instos were dumping..
We have got a couple of years coming up with cash costs less than $1.50 AU a lb.. Given current prices we should see positive cash flow per annum twice the current fully diluted market Cap .
Plus there is the bonus of positive news on extended mine life with high grade resources.
Its going so well I expect to hear any day that Indonesia is going to be a Bonanza.
Steve has got my vote on the remuneration report.
HGO Price at posting:
7.0¢ Sentiment: None Disclosure: Held
