HGO 0.00% 6.1¢ hillgrove resources limited

Broker Coverage, page-29

  1. 2,115 Posts.
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    Page 2 second paragraph on ann 11/10/23

    The difference with HGO is it is not a junior.
    HGO has operated in the past made lots of profit, paid tax then lost their cash at bank when the copper price fell and a wall slip in the open pit.

    another difference, if you are comparing to juniors, HGO has no debt to repay before distributing dividends.

    I will be extremely surprised if we don't get paid fully franked dividends within 2 years
    Last edited by Bayhunter: 24/12/23
 
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