HGO hillgrove resources limited

mine, or sell. or get out of the way, page-8

  1. 673 Posts.
    lightbulb Created with Sketch. 83
    Welcome back Yaq. Your insight provided us with the tip that a buy back should be considered, and a buy back was announced. "Let there be light, and then there was light". But no evidence of the buy back yet!

    You call for a decision, will a decision will be announced very soon?

    But are we not seeing the wood for the trees. It has been mentioned before and I will light the debate again. OZ minerals have cash and are no doubt on the look out for aquisitions. HGO could be window dressing K rather than committing to mine. Could be window dressing the entire outfit if you look at the impressive line up of assets (including the cash). Maybe a fire sale (merge?) with OZ is the best and quickest way to realise value from those assets. Maybe the deal has been delayed until the ESG top up is ruled in or out. Maybe they have come to realise the top up is not going to happen and moves are being made on the deal. A CEO role would get in the way of a merger/sale. Let the CEO stand aside and the Board will negotiate the deal. Its going to have to be a sweet deal though.

    Not well written or a lot of thought process in the above and all pie in the sky stuff, but who knows. Funnier things have happened with HGO.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $99.21M
Open High Low Value Volume
3.9¢ 3.9¢ 3.8¢ $64.53K 1.661M

Buyers (Bids)

No. Vol. Price($)
8 954641 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 372104 5
View Market Depth
Last trade - 16.10pm 08/07/2025 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.