HGO 2.78% 7.4¢ hillgrove resources limited

trading halt , page-23

  1. 4,275 Posts.
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    Well this has come from left field.

    The only thing I can think of is that it is easier/faster to introduce the Kanmantoo JV partner into the venture by selling shares in HGO.

    Maybe they liked what they saw across the board and have been dealt into the entire company.

    But at what price?

    This thing would suck if it was much less than 55c to 60c.

    Then again, perhaps the JV partner has scaled back its intention and we are going to end up with a much greater percentage of K.

    I'm not going to worry too much about this. DA hasn't got form at shafting shareholders...though some shareholders (Copolus) are more equal than others.

 
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