towie
Kainantu could be a company maker for Hig. The only risk, and it is a big one, is PNG. A large and very high grade gold deposit with very significant potential for further discovery nearby. That is something that Hig didn't have when you bought. brisvegas's comments are very pertinent, as an income is essential for a company with grandiose dreams. Hig has the option of acquiring up to 20% of an operating Ramu project, and Kainantu could provide some or all of the capital.
The serviette calculations look good, PNG looks very dodgy.
Billy
- Forums
- ASX - By Stock
- HIG
- the only way to get nickel
the only way to get nickel, page-8
Featured News
Add HIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online