HGO 0.00% 6.2¢ hillgrove resources limited

Cash Flow For Q2, page-12

  1. 191 Posts.
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    Interesting analysis VYR. I had not heard about the potentially unsalvageable rock at the bottom of the pit.

    The guidance for 2019 (which presumably factored in the extraction rate and rockslip) was 13kt to 15kt. So if 5kt was done in Q1 it leaves 8kt to 10kt for the remained of the year. If there was enough good stuff to produce say 4k in Q2 then that would leave 4kt to 6kt for the remainder of the year or 650t to 1000t per month which is the same ballpark as VYR's calculation. Presumably it is a declining curve rather than straight line ?
 
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