The natives are not revolting but they are certainly restless. From what I understand the agreement between PNG, China and Ramu Nickel was signed last Thursday week.The local landowner groups are a bit out of sorts because they were not consulted beforehand and have given the company seven days ( from when ??) to come to the party. All usual PNG argy bargy stuff that will be sorted out in time.Why we haven't heard anything I don't know but I imagine there are continuing delicate negotiations that are ongoing. Confident the share price will get a big boost when all is announced. Pity I haven't got any money, too many good ( ha ha) investments over the last couple of years.
HIG Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held