HGO hillgrove resources limited

Ann: Kanmantoo Economic Assessment Confirms Outstanding Potential, page-9

  1. 2,895 Posts.
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    That's well said. I guess I am a touch disappointed in the underwhelming response on the sp front but I think all of us had a sneaking suspicion that it could turn out that way given past form. Its all been theorized to death as to why it is so but nobody really knows. When I figure that out I will probably also be able to tell you why the Carlton footy club never plays finals despite major injections of talent (another mystery that those with greater minds than mine can work on)

    I revert to the theory that we can always get the money out via dividends if need be. I am sure its not lost on anyone how big that free cash flow is compared to our market cap.

    I presume our financing will likely preclude dividends until the loan is paid (or management will). The free cash flow should deal quickly with that low capex amount.

    Anyway Its topping up time for me once the heat (I am sorry i meant luke warm) comes out of the Sp. Onwards and upwards as they say.

    All in all I am feeling pretty good. Look how far we have come!

    Last edited by mwilson25: 14/12/21
 
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