HGO 3.57% 5.4¢ hillgrove resources limited

wilson raised price target to 64c on 27jan2011, page-23

  1. 4,290 Posts.
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    Welcome Mark. You said:

    "As HGO have locked in future sales for a percentage of their projected output, given Cu is outperforming, has anyone considered if HGO are able to ramp up output well above near term projections?"

    I'm no engineer...in fact...I've got two left hands when it comes to anything technical....but, I'd suggest we are governed by the capacity of the plant and whilst it has a small ampount of upside capacity, I doubt if this will make a substantial adjustment to projected results.

    Plus, it's highly unlikely the Cu% will be hugely greater than that published to date.



 
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