https://www.abid.co/content/highfield-resources-asxhfr-research-update-1
an example of npv based on Hfr resources is attached above. I wonder what the completed study on davsinferred 834mt @12% comes in at? I guess we won’t know as we can not release on asx. The resource is deeper but the mine could be bigger. That is why they refer to in discussions with well known potash company in the 121 presentation. As they can not release the study, the only the option is to sign a joint venture with someone like ICL which owns the Boulby Potash mine where the managing director used to work. I believe the potash basins are similar in the uk and Germany.
Ann: Update on Recent Activities, page-16
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