HIG 0.00% 10.5¢ highlands pacific limited

2019 Onwards, page-3

  1. 1,066 Posts.
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    @ Prophet. Just postulating here !
    HIG might be under the belief that by then they will have a buyer for Freida and therefore will be cashed up. So administration costs will be covered and also dollars for another acquisition will be in place as well. I personally can't see us continuing with Freida. It is nigh impossible for us to fund it. I will be very happy to see it sold. Yes it's number 12 biggest copper mine in the world but we are but minnows as far as the Company goes. It also needs Cu to be at $3.50 for it to be justified.
 
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