Melb Club presentation show HIG has received its $5m from Anglo, drill starts April, Ramu building prod. PNA progressing FS - solid sp over last 2 months in crap resources mkt.
could it be that although mkt crap for resources HIG now sits at bottom end of sp and cycles, JV partners spending the money and $13m cash now with $5m to come 12 months from anglo if still interested in Star Mtn, HIG just might weather this storm and finally came out swinging in 12-18months time with the 2 commodities often spoken about being the best bet for early recovery Cu and Ni.
it has been a long a rocky road but I bought in today and will accumulate at these levels with an eye to either overall turn around over 12-18months and or good drill results from anglo, andinc production and paying off loan from Ramu
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