Let's hope the nickel price of $9/lb is sustainable and that...

Let's hope the nickel price of $9/lb is sustainable and that cash costs come in at $3/lb after cobalt credits - if so, HIG should get $US20mil/pa as their share in free cashflow during the first ten years tax holiday - it certainly underwrites the $A90mil current market cap - but Frieda will still be the biggie,absolutely massive.
Good time to top-up as they'll be back at work at Ramu next week.
Would love to see HIG do a 15% buy-back - that would be money well spent.