HFR 0.00% 29.5¢ highfield resources limited

"Aquí hay mina para cien años" (part 2of2), page-8

  1. 1,516 Posts.
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    Such a low market cap with a project fully permitted. The project is forecast to be very profitable and most brokers value this company at 1.50 per share as it is let alone with coming FID. Why would anyone offer finance when they could just buy the entire company. When operational, if share price doesn’t change we would be trading at under 6 months earnings. Similar projects in operation are trading at 10 x earnings.
 
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