Do you know whether HIGs RAMU marketing agreement with MMC...

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curiouswon

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25/01/18

16:27

Post #: 30575041
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Originally posted by whiffo001 ↑

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.

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Do you know whether HIGs RAMU marketing agreement with MMC allows HIG to do any forward selling to lock in current high Co and Ni prices?

HIG Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Do you know whether HIGs RAMU marketing agreement with MMC...

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