around $100M in revenue from Ramu per year from 2010 I am thinking based on 4000 tons of Ni per annum before debt servicing
Frieda river now looks commited to production by 2016 by xstrata, with $25M to be spent this year HIG holds 16.4% of Frieda through to BFS stage, then HIG needs to start commiting financailly to.
HIGs share is 31,000 tonnes of Cu and 48,000 ounces Au
31,000 tonnes *$4000 tonne =$120M
48,000 ounces * $800 = $38M
So when its firing on all cylinders looks to be around $250M per annum in revenue from 2016
It all looks good
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around $100M in revenue from Ramu per year from 2010 I am...
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