HIG 0.00% 10.5¢ highlands pacific limited

trading halt- capital raising, page-8

  1. 14,914 Posts.
    This is a very interesting stock.

    3.6m oz gold resource with a small share in a large Nickel project. Not a great deal of cashflow expected from the Nickel but perhaps enough to keep the cap raises at bay for a while?

    I like the most recent drill results at Star Mountains too.

    It just needs a cashed up partner for the 3.6m oz share in the 20m oz of gold and it'll put a rocket under her.

    The additional wild card upside in the Star Mountains being so close to Frieda River.

    How much do you guys anticipate a CAPEX would cost to get Frieda River into production if a big buyer came along for the Xstrata portion? What would it cost HIG?

    Watching.
 
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