HFR 6.90% 31.0¢ highfield resources limited

Finance Raised:Debt Syndicate - 320.6m eurosMacquarie - 23m...

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    Finance Raised:

    Debt Syndicate - 320.6m euros
    Macquarie - 23m euros
    EMR injection - 25m aud, say 15m euros >> Extra 50m shares, 450m shares total

    Total - 359m euros

    Require ~77m euros still for Phase 1.

    Takeover or not NPV of $3 billion AUD is ridulous for a company with Market Cap of $240m AUD.

    EMR wouldnt be investing if they didn't know this was a good thing.....they know whats coming, agree with you Pat.


    https://hotcopper.com.au/data/attachments/5299/5299443-853d3d182c55b37008c359e763107c93.jpg

 
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