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1.92%

5.3¢ hillgrove resources limited

Nope you're wide awake it's real. haha Indeed you...

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1,851 Posts.

451

14/07/22

11:11

Post #: 62531419
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Originally posted by HIO: ↑

JULY 2022 Bargain Buy
For the bargain hunters amongst us you can buy a complete, working copper mine for $61m. For that you get a working mill (replacement $200m +) tailings dam and of course a working underground mine which will conservatively produce FCF of $200m over the next three years. If you are worried about paying tax, that is taken care of by carry forward tax losses and if you would like to pay yourself a dividend, then that is taken care of with accrued Franking Credits. Of course you would have to be a little patient as it would take you about a year to pay off your initial investment of $61m. Once that is achieved you would be on the gravy train as your mine will produce Cu at 1/10 the cost of the US equivalent.

After 12 months, you could look around at countless nearby exploration opportunities to fill the 3.6mt mill you acquired and start to dream of the potential of the thousands of sq. km of tenements you have acquired for your original $61.

I feel like I am dreaming. This cannot be true. By the way I am talking of HGO.

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Nope you're wide awake it's real. haha

Indeed you could take out the whole sell side for under 200k

HGO Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.001(1.92%)		Mkt cap ! $111.0M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.2¢	$309.6K	5.828M

Buyers (Bids)

No.	Vol.	Price($)
3	488983	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	451558	3

View Market Depth

No.	Vol.	Price($)
3	488983	0.053
4	624230	0.052
5	868470	0.051
7	378526	0.050
2	64914	0.049

Price($)	Vol.	No.
0.054	451558	3
0.055	260000	1
0.056	130000	1
0.057	517817	2
0.058	66701	4

Last trade - 16.10pm 17/09/2024 (20 minute delay)

HGO (ASX) Chart