Hillgrove’s activities for the quarter August 31, 2009
Posted by Fortbridge in Mining.Tags: hillgrove, july 2009, quarterly report
add a comment
During the second quarter of 2009, Hillgrove Resources (ASX: HGO) sold its investment in Eastern Star Gas Limited. At the same time, Hillgrove bought back the Convertible Bonds on issue. Hillgrove’s key operating assets now comprise the Kanmantoo Copper Gold Project, its Indonesian exploration acreage where it is targeting the discovery of Tier 1 gold and copper gold ore bodies and cash of $127 million.
Mosaic Oil announces record operating revenues and solid profit for FY2009 August 31, 2009
Posted by Fortbridge in Energy.Tags: full year accounts, fy2009, mosaic
add a comment
Australian oil and gas producer, Mosaic Oil NL (ASX: MOS) today announced a net profit after tax of $2.6 million for the year ended 30 June 2009 after allowing for impairment of $2.5 million for exploration and development assets and a provision of $1.7 million.
