HIG highlands pacific limited

WOW great news. Good work Fin . Looks like they are working...

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    WOW great news. Good work Fin . Looks like they are working towards making an investment decision either late this year or early next. Big increases in production. Cu up from 175kt to 290kt (115kt). Au 250k oz to 360k oz (110k oz), Increase worth $us 943mil . All up income $us2,228,300,000 at today's prices.
    Old C1 cost was $0.69lb and AISC $1.23lb, this was probably after Au credits, should do better on the increased tonnage. Also transport of concentrate by pipeline should be much cheaper along with third party leverage on other essentials.
    Of course it's going to cost a lot more but my guess is that with Belt and Road , China might come to the party on say the road, wharf or electricity transmission. Time will tell.
    We will be in a much better position regarding equity ,once the Ramu streaming agreement goes thru.Maybe a bit of smart financing in the first couple of years, and who knows.
    In need we can flog it or part. If we can not get $2/300 mil for it I'll eat my hat. Or we can sit back put our feet up and take 3% NSR.
 
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