Well done to HEG management for putting this new presentation...

Well done to HEG management for putting this new presentation together with forward production figures, costs and potential expansion plans.

Opaline,

"They won't keep all of the $$$. They may spend disgustingly little of it on.......

* Acquisitions. African and Australian properties with serious potential at market bottom prices and product diversity."

HEG has spent so much time and effort consolidating some of the best past producing gold leases around, would like to see them continue to focus primarily on Hill End and put profits back into expansion and exploration. They are in the right place at the right time imo.



Posted this a few months ago to put my post in context.


"Again, ok for agm presentation but HEG needs to cut this down and produce an investor presentation with some more "forward looking statements" and graphs.

For example;

Slide 10
Insert all past known production from the amalgamated lease.

Slide 15
Information exactly what is required but need to graph this previous production information with what they aim to achieve in the following months. Use information on slide 8, predicts 1500 to 2500 tper month. Regarding gold production use the current defined resource gold grades (which they know is understated) but could also show the upside they expect from the actual mined grade (slide 22 , 24 and other information) on the same graph.

Perhaps also a timeline linking this to slide 17.

Like the story and their leases but still chewing cash, will need additional capital with only $4M.

~A$1100/oz will help lower self supporting level.

An $A gold graph would also fit in. ""