In previous announcements on 12/2 & 14/2 HIG advised that it still needed approvals by PNG gov't etc for its revised hedging plan and the injection of USD20mill from Resource Capital Fund. Today they have announced that all necessary approvals have been received.
Perhaps this will now allow some SP appreciation over the next few days.
I hold shares in HIG
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- approvals now in place
In previous announcements on 12/2 & 14/2 HIG advised that it...
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