HIG highlands pacific limited

Ramu

  1. 320 Posts.
    lightbulb Created with Sketch. 35
    How much ex-mine? Hard to get a handle on.MCC and HIG don't talk about it much.They refer to chromite not chromite concentrate .Only once somewhere have I seen the term concentrate but I'm sure that's what they mean. Would depend on the % of chromite in the concentrate. Chromite sells for between $2500/3000 pt . Quotes for chromite "ore" from S.Africa, Turkey etc with a 40% ore grade come in at $350/400 pt.
    My guess and that's all it is ,is $70 mil. Maybe a couple mil in our pocket.

    Appreciate a post from someone with a bit more knowledge than me (you won't need much.).

    Posted last year that they don't send it down the pipe as it's too abrasive.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.