HIG highlands pacific limited

So:"If from memory Freida produces 270ktpa copper and 250kozpa...

  1. 3,926 Posts.
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    So:

    "If from memory Freida produces 270ktpa copper and 250kozpa gold .....then the NSR would be a very handy amount. Someone may wish to calculate it."
     

    OK, I will take the bait:

    Cu: 270ktpa at USD$6000/t (recent years av sale price for refined copper) less say 20% for transport and refining => USD$1.3B pa Cu NSReturn

    Au: 250mozpa at USD$1200/oz(recent years av sale price for refined copper) less say 20% for transport and refining => USD$0.24B pa Au NSReturn

    So your 3%NetSmelterRoyalty at AUD/USD exchange rate of 0.70 produces ===>>> NSR AUD$66m pa to HIG

    That's ONLY half of our current market cap. each year - I suppose I could live with that! 

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    PS In truth I actually would prefer to retain some ownership, but this second-best option may be OK.

    Last edited by curiouswon: 09/10/18
 
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