Could there be some corporate activity further down the track ?
It would surely make sense for one of the part owners / big boys to take out their junior partner in order to maximise their own cash flow once production commences ?
Seems like a risk-free strategy from their perspective .
And if that's on the cards , I doubt whether there is any potential take-over premium built into the present price @ 19.5 ??
HIG Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held