LME is USD$13,150, +1 cent kicker is 5 trading days over USD$13,220 on LME.
That would be 1/2 of 1 percent rise to lock in 11.5 cent consideration
buy @ 10.25 cents and you get a ~12% return in ~8 weeks. PNG probably won't stop it, China is now their new best friends and PanAust (i assume these guys are China based) gets more control over Frieda
will anyone weep for the death of companies like Highland Pacific, or Spicers? (used to be Paperlinx) I doubt it
HIG Price at posting:
10.0¢ Sentiment: Buy Disclosure: Not Held
