HFR 0.00% 26.0¢ highfield resources limited

hfr delivers smashing pfs, page-3

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    i read it

    at current potash prices, the EBITDA comes to around $150M

    that said, i could not see HFR have done any metallurgical work

    if not, how can their OPEX be accurate?

    personally, I am not convinced

    I personally would not even call it a PFS

    it is more like a bulked up scoping study when it has no significant metallurgical work

    current potash prices are nearly $100/t less than their $411/t estimate

    anyway, it can reach $2 if they achieve what they purport

    good luck

 
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