HIG highlands pacific limited

Now that Freida is maybe back on the radar,the next six months...

  1. 320 Posts.
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    Now that Freida is maybe back on the radar,the next six months will be interesting to see what PAN comes up with in their revised, revision due October.
    I found of interest a statement in the MRA release:-

    "The project is also considering development of a public road corridor between Vanimo and Hotmin instead of using the Sepik River."

    The word "corridor" implies to me it may have other uses as well. Say a transmission  line for any of the 300 megawatt hydro power they do don't use. Or a pipeline to carry the concentrate from Freida ( read Hotmin) to Vanimo. Maybe 400 klms. The concentrate will be at 27% copper, so at 175ktpa Cu will be less than a million tons. Ramu pipeline carries 3 million.

    Local pollies around Wewak  won't be happy, they were expecting it to be centred there not Vanimo.
 
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