Ann: Kanmantoo Underground Decline Progress, page-50

Hi to all the new people on the forum.
I have been in HGO for many years.
When you read the 14/12/2021 report, to get the free cash, they are working on $13,450 p/t. Today, copper is $4,72 lb or Australian $ 6.33 lb. That is $14,064 p/t. So $614 more p/t than in the report. If you x that by the 36,000 tonnes over 3 years, it is substantial.
Also, I think it is very likely that a lot more copper will be coming up over those 3 years with more possible excellent drilling results.
In re gold, the report uses $1,750 as the bench mark. $1,972 at present.
I think the management team are doing a great job. as I have said before, they seem to under promise and over deliver.
I have posted the above before. Just so many new people on the forum, thought they may be interested.