HGO
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1.59% 6.4¢ hillgrove resources limited

Ann: Updated Nugent Mineral Resources Estimate, page-112

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  1. Opex
    188 Posts.
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    12/08/22
    08:58
    Post #: 63071491
    Hi DDBB, the restart figure was $26m based on the economic study done in mid December last year. I'd be surprised if all of that would be subject to a 30% increase in a little over 8 months. I would think that sourcing labour in the local area may insulate HGO from some of the workforce supply issues we hear about (especially FIFO/remote mines). A big advantage of Kanmantoo is its proximity to Adelaide.
    HGO Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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