Correct me if i'm wrong
Back of envelope figures
Nickel prod. 32,000 ton per year for 40 years.
HIG stake is 15%
Nickel price US$15,000 per ton approx.
=
32,000x15%x$15,000
=
$72mill per year at no cost to HIG
Just from nickel, the chinese are also interested in their copper deposits as well plus, they have a very large gold deposit.
All equals blue sky to me
- Forums
- ASX - By Stock
- HIG
- shares mag article & where its headed
shares mag article & where its headed, page-2
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)