HGO 2.78% 7.4¢ hillgrove resources limited

KCCCC, page-33

  1. 568 Posts.
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    Also, imo, I think that it is unreasonable, and possibly illegal or not allowed, to pay out to SH, either as a Div or by other means, not only until long suffering outstanding creditors and contracrtors are paid, but until good progress is being made on mine site rehab.  I imagine that the State Govt would not be impressed if site rehab and local community weren’t being looked after, and there may even be something about this in their legal agreements.  

    Personally I have no problem with this going on at the same time as mining.  Nothing new imo about possible mine closure.  And a good use of existing equipment and staff. And I certainly happy to see that this management can do two things at once!  Mine and site rehab.  


    Now, if they could only explore and drill at same time, and slso submit assorted regulatory mining applications well in advance of when they are needed, then I’d be a lot more confident in their forward planning abilities. 


 
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