Hillgrove Resources
With OZL gone and SFR already well up from the 2022 lows, do you see HGO as a copper option or is it too early/ small to rate?
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Answer
Hi Tony,
This is very much at the speculative end of town with a market capitalisation of $84m. Our concern with these types of investment at this part of the cycle is access to capital – it’s getting harder. We prefer to stay in the higher quality, producing Copper companies and think we can generate adequate returns by timing the producers, rather than speculating on the juniors.
