HGO 2.78% 7.4¢ hillgrove resources limited

Charlie I'm personally very comforted by the fact that...

  1. VYR
    4,516 Posts.
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    Charlie I'm personally very comforted by the fact that Management and the Board recognise that We have no core of expertise in developing or running a PHES.

    HGO developing the PHES would be akin to the local dentist developing a city office building or the kid next doing laps in a formula one racing car. All three are very likely to end up in tears.

    Its good to know that they are open to all possibilities

    Outright sale , part sale part recurring income stream, all income stream.

    If their is an outright sale the money doesn't have to go back to shareholders it could be used to expand our resources and production capabilities. I don't think there will be enough to takeover BHP but there are other good mining operations priced well below underlying value that could be targeted for takeover.
 
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7.4¢
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7.0¢ 7.4¢ 7.0¢ $145.2K 2.005M

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5 912053 7.3¢
 

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7.4¢ 226563 3
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