HGO hillgrove resources limited

Ann: Mining Contractors Mobilised to Accelerate Nugent, page-17

  1. 3,875 Posts.
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    Hi Surandy,

    Whilst I agree with your processing comments in regard to higher throughput at similar fixed costs would reduce costs per tonne, similarly wouldn’t increased mining rates reduce costs per tonne … Bob continues to show improvements in many areas Qtr on qtr.

    I spoke with him and Joe at the Adelaide RRS, I got the impression that continued improvement was forthcoming. Bob’s deep operational knowledge and change of mine manager in recent time seems to be working. Bob came across very measured in his approach seemingly aiming for longer term sustainable improvement rather than some early headlines. Bob’s not a salesman.

    Time will tell on sp but LoM is very important to larger investors. I can’t help with history of exploration on other prospects but I assume very minimal based on HGO’s financial position over many years.




    Last edited by wassa: 26/04/25
 
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