HIG / RAMU generating $188M free cash flow per year last SEPT...

HIG / RAMU generating $188M free cash flow per year last SEPT QTR when NICKEL at average $4 to $5 per pound now $5.8 per pound 25% increase. COBALT at $26 per pound, Now $36 per pound. 38% increase.

Calculating $5260 US/tonne operating margin at SEPT QTR prices, it looks like HIG / RAMU will generate well above $188 M free cash flow. based on current Nickel and Cobalt prices.

HIG proportion of cash inflow is paying down capital debt and generating free cash-flow for HIG.

Interesting to see when FRIEDA gets the green light..

GLTAH.