HGO 0.00% 6.1¢ hillgrove resources limited

Where to for HGO, page-10

  1. 3,826 Posts.
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    Thanks for your review and thoughts Inflewinzer
    I too would like 10+ years resources, but would find it strange that banks would require that length as the payback period of a loan for the Giant Pit development would be very much less than 5 years (probably about three on my calcs) even at current low Cu price due to the good grades. However it would not be the first time that a bank required excessive risk protection for itself even when lending a small proportion of asset value!
    I don't yet know RXM, so will examine at a quiet time.
    cheers
 
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