whiff, those two pictures i posted there are from HIG's own...

whiff, those two pictures i posted there are from HIG's own presentations.

Based on their own data, in May (prior to the transaction) they said they'd received $14m in cashflow at 2017 prices based on their 8.56% interest. Based on their data from today's presentation, they would only receive $13m at 2017 prices based on their 11.3% interest. It isn't hard to interpret. and that is before dilution. If you owned 1% of the company, you would have been entitled to $14m * 1% prior to the cobalt transaction. Now it is $13m * 1% * ~87%.

I think a lot of people still don't understand that HIG has to PAY money to cobalt27. you think they have cleared debt but a streaming payment is debt by a different name.

Also if you think Nickel prices will double by 2022 why don't you just buy nickel through CFDs, futures or the like? There is no company risk if you are that strong in your commodity price conviction.