as per other threads I find the latest announcement a little disappointing and yes expect the SP to slide straight back to 25c, however this is what we have all been waiting for to get the FID and move forward so I suppose that is the positive.
Does anybody have any ideas on the actual cash flow that will be generated by this mine - there is nothing in the presentations about what they expect.
I would just like to get my head around the income side of things to determine a valuation as I find it a little difficult to stump up another $15k when the further 40% dilution kicks in.
Based on a PE of 5 or 10 or whatever where might we see the share price?
Maybe the good Dr will give us an update??
Cheers
Hallie
HGO Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
