HGO 4.62% 6.8¢ hillgrove resources limited

Equipment Sale

  1. 85 Posts.
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    Hello All,
    I have been alerted to an auction coming up soon , to be conducted at Kanmantoo, of what I presume is the last of the mobile machinery. The list is available at Pickles.com. Other than a large production excavator, most of the other items would not hold a huge value. I would guess this sale may generate a few hundred thousand perhaps.
    What does this imply? Clearly there is no intention to use the machinery in the near future. It could mean a new mining syndicate will provide their own. It could be simply a requirement for short term funds.
    All points of view encouraged.
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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