HGO
Click for more information
0.00% 6.1¢ hillgrove resources limited

My preference would be - borrow to develop Giant Pit - use cash...

  1. curiouswon
    3,826 Posts.
    lightbulb Created with Sketch. 546
    clock Created with Sketch.
    02/04/15
    11:58
    Post #: 15026922
    My preference would be
    - borrow to develop Giant Pit
    - use cash flow from mining profits (while Giant pit is being developed) to start funding franked dividends in 2016 (small at first; and a start in H2CY15 would be better)
    - when this bedded down, near mine and regional exploration in 2016 and 2017 (I am not keen on buying other assets [admitting that I have not examined RXM] unless HGO cannot develop its own)
    Initial thoughts - keen to hear from informed holders!
    HGO Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MAG Magmatic defines 6km copper trend with grades of up to 6.5% at NSW prospect
right-arrow Created with Sketch.
POL Polymetals finalises acquisition of Endeavor silver-lead-zinc mine in NSW's Cobar Basin
right-arrow Created with Sketch.
CPV ClearVue shares up 15% as it inks deal to enter Middle East and Indian construction markets
right-arrow Created with Sketch.
KAI Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
right-arrow Created with Sketch.
TG1 TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
right-arrow Created with Sketch.
NEWS Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday
right-arrow Created with Sketch.
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
6.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $127.8M
Open High Low Value Volume
5.9¢ 6.1¢ 5.8¢ $339.2K 5.792M

Buyers (Bids)

No. Vol. Price($)
2 103904 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 168658 2
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.