HGO 0.00% 6.1¢ hillgrove resources limited

Ann: Updated Kavanagh Underground Mineral Resources Estimate, page-54

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  1. 117 Posts.
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    I would not be surprised to see a CR (maybe ca 6cents) to fund part/all of the redevelopment costs. IMO this is a small company and Kanmantoo project has some risks (would be impacted by slump in copper price if there was a global slowdown).
    CRs are very common in my experience/ observation (even if management say it won’t happen).
    I admit my comment is speculation- just my opinion.
    That said, I am a holder of HGO and I plan to add much more once the FID / financing is resolved.
 
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