HGO 2.70% 3.8¢ hillgrove resources limited

sp at dec 2010?

  1. 3,506 Posts.
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    Having studied the entrails as well as the crystal ball, I am forecasting a stellar year for HGO...the year when they hit three match-winners out of the park!

    Strike 1 - Kanmantoo commencement after an within time/within budget capex extablishment. Great JV partner too.

    Strike 2 - WP goes "bananas" with a serious commercial project rapidly going through its paces. Comparisons are been made to the monster down the road!

    Strike 3 (over the scoreboard and into the carpark) - the top up comes into play at an additional $1.50 per ESG share (and we sold approx 170m of them).

    Conclusion: SP at Dec 31, 2010 - 95 cents...and we are still bitching because this is less than the sum of the parts valuation!

    By all means, hoist me up the petard if it ain't necessarily so!

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