Yes iron888man
You are close to the mark but HGO cash balance will rise too this quarter as we should be about 9m/10m dollars in the green so the gold payment will be payed and the 2.5m main loan will be payed easy.
As I have said before when the loans are payed back they have to give us a dividend.
This year HGO should make about 160m and 40m should be profit so the loans will be payed off by early next year (2015).
We will see that`s if we are still here. ARA (11.45%)the way they are buying shares up they could own HGO by the end of the year and that will be great for me as I keep buying shares all the time too.
ARA are big and in IMO the share price will be back over the 10cents soon.
Keith
Yes iron888manYou are close to the mark but HGO cash balance...
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Last
8.6¢ |
Change
0.001(1.18%) |
Mkt cap ! $180.0M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.8¢ | 8.4¢ | $577.8K | 6.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 304464 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 377000 | 2 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
8.7¢ |
Change
0.001 ( 2.84 %) |
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| Open | High | Low | Volume | ||
| 8.7¢ | 8.8¢ | 8.5¢ | 3604162 | ||
| Last updated 15.51pm 20/05/2024 ? | |||||
| HGO (ASX) Chart |