milestones ahead as hig prospects look up

There's an article today in the Australian by Barry Fitzgerald which is favourable. The key messages are:

- HIG has been known as an asset rich, share-price-poor stock.
- that's about to change for the better due to a couple of milestones
- first is the commissioning of Ramu. HIG could receive US$3-$5m a year up to 2018. Once project debt is paid off, this will increase to US$15-$20m a year. Not bad for a company valued at $106m (based on 15.5 cent share price).
- then they also have Freida, one of the worlds biggest underdeveloped copper-gold deposits. Whilst they delayed the feasability study, this is a good outcome, as they are exploring cheaper option of gas fired power.
- throw in Star Mountain and it's easy to see why valuations run well ahead of it's current share price. Euroz settled on 40c after intially 51c.

All stuff that we already know, but at the end of the day, HIG always takes a pummelling, and any positive sentiment has to help, as the share price is so ridiculously under valued.