HGO 5.60% 6.6¢ hillgrove resources limited

After enjoying an excellent bottle of Seanair 2017 Shiraz from...

  1. VYR
    4,689 Posts.
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    After enjoying an excellent bottle of Seanair 2017 Shiraz from Haselgrove in McLaren Vale I'm well primed to understand that we are in a really good place at Hillgrove.

    I'm also of the opinion that $260m of free cash flow will be way more than enough to pay a $53m franked dividend and fund a few years Capex on the journey to becoming a multi mine producer.

    I'm hoping they find a way to return some capital with the surplus without drawing the crabs in the lead up to having more franking credits.

    https://hotcopper.com.au/data/attachments/6277/6277863-c83ef58f308f9cdd1316d8d4b3058fd9.jpg

 
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