Dockie, they have abt $21m of credits so they would need to payout abt $49m in cash as a ff dividend to use up fully. think it is abt 9c per share. I have not done any calcs on likely cash by 30 June 2019 yet as I want to see the December financials first. I don't expect any PHES money before 30 June so it will be all about mining revenue less operating costs and exploration for 1/19 to 6/19.
HGO Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
