HGO 1.56% 6.3¢ hillgrove resources limited

Ann: Quarterly Report and Appendix 5B for 31 December 2022, page-3

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  1. VYR
    4,677 Posts.
    lightbulb Created with Sketch. 3014
    Good to see a cash balance of $5.3m and a burn rate of $1.8m last quarter. Circa nine months breathing space still in the bag.

    Next funding announcement looks like restart funding.

    So, drill results in a month MRE updates and a revised mine plan to follow and I guess FID before 30/6 well before the cash runs out to avoid going concern problems.
 
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