HIG 0.00% 10.5¢ highlands pacific limited

hedgers don't make money

  1. 52 Posts.
    I'm not from Oz but follow some ASX miners.... why the positive outlook for this one? I just looked at the Q4 and it looks like the future was sold at $403 gold.... 55% of production.

    HIG hold a meager 8% of the nickel/cobalt project and the Frieda is not in the bag yet... not by any stretch of the imagination.

    Interpretation appreciated.
 
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Currently unlisted public company.

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