I'm a dreamer but commissioning a $30m Roller doesn't get a look in.
Being in a position to be able to do so looms large.
Half the dream is about HGO Filling the plant with 1.05% grades and finding 90mt of those target resources while scratching the surface to add a 30 yr mine life to Free Cash flow from operations of circa $250m and an NPAT of close to $150m.
Like all good stories there is more. A bigger dreamer who knows that filling the 3+mtpa plant is just scratching the surface lobbs in a TO at a per of 48 like I believe BHP did for OZL
A PER of 7 on that potential makes 50c look like a certainty.
HGO Price at posting:
7.7¢ Sentiment: None Disclosure: Held
