Hi Brett,welcome to hot copper :)I guess the concern most...

Hi Brett,

welcome to hot copper :)


I guess the concern most holders would have is simply this - holders believe that the current share price does not adequately reflect HGO's intrinsic value. Therefore, share dilution is to be avoided at all costs, especially before we find out exactly how much HGO scrip is worth.

Wouldn't you be disappointed, for instance, just before results from West Papua come out, and just before ESG release their reserves upgrade (we'll see what happens after that), if HGO's valuable scrip was diluted at 50 cents or less? I would...

Still, most decisions that HGO have made have been proven to be to the benefit of shareholders. So, if there is some dilution of HGO's valuable scrip, there must be a very good reason for it.

DA's success has earned him quite a bit of support in my book. But, I will call it as it see it, when the details of this announcement come out.

Y