FiendishRedbeard, hiya, Thanks for your comment, Please kindly...

FiendishRedbeard, hiya,

Thanks for your comment,

Please kindly elaborate on how admin costs would rise exponentially.

HIG have trimmed admin costs as per last report.

HIG dont need any more admin or mgmt horsepower to ride the RAMU express train. The plant is run entirely by the RAMU management team very well as we can see.

HIG should not need to spend any more capital on FRIEDA if they can sell out. Capital cost 15% of 3.6 Bio. HIG share. HIG see no future in the project as high up-front capital cost and better use of that money by doubling RAMU stake. No mention of any ongoing development costs.

HIG in discussions with GRAM wrt Frieda River Limited over future project funding (Currently HIG have no obligation to fund).. HIG best option to exit and move onto expanding RAMU interest.

Be very interested in your thoughts,

GLTAH