HGO 2.38% 8.2¢ hillgrove resources limited

Thanks for providing that link, much appreciated.Am I correct in...

  1. 155 Posts.
    lightbulb Created with Sketch. 27
    Thanks for providing that link, much appreciated.

    Am I correct in reading that they are projecting $26m in net profit over 3 full years of operations? And that is with the company paying no tax!

    Seems to be an enormous gulf between those numbers and the HGO economic study ones. Perhaps they've disregarded all the cost assumptions.

    Time will tell. There would have to be a massive blowout in the $8051 AISC per tonne figure coupled with a significant drop in the copper price to flatten profitability to that degree.
    Last edited by Opex: 06/12/23
 
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