Essentially, whilst there is uncertainity about whether HIG will continue as a material concern, the share price will suffer. Until they confirm that they have ramped up production to full capacity, or at least performance is improved then HIG will continue to underperform. Any hint of positive news about mine production, or even better certainty around sustainable production and the share price will go through the roof. As you'd expect, some investors are treading carefully, and the stock will go nowhere until the next announcement. With a new management team on board, expect improvements. The share price is hugely undervalued, but rightly so, given the uncertainty. This stock is a real punt but one which I believe will hansomly reward those that take the plunge at these levels.
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
