HIG highlands pacific limited

PanAust Buyback, page-6

  1. 320 Posts.
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    It seems almost criminal to me that in all the years we have been involved with Freida, all the companies we have had as partners,Falconbridge,Noranda,Xtrata,Glencore,PanAust and probably others, we did not nail down some form of a safety net to ensure value to Highlands in the event of something happening like what just happened. That is, a development cost that is so far out our league that we could not participate or interest others. Our 20% became virtually worthless and we have to just simply walk away.Surely some sort of NSR, even 1% for most or all of our share would have been better than what we got. Or some sort of cents per ounce/lb in ground value. Lax along the line somewhere
 
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