Ramu As best I could tell chromite was selling for $400pt several months ago.At 160,000tpa giving about 64mill , expenses say 50% 32mil our share at 9% about 3mil. Nothing real special but better than a poke in the eye wilh a forky stick.Miight drill a few holes somewhere. Nickle all thru that island chain fron New Caladonia Vanuatu The Solomons NG and Indonesia. Freida I keep hearing that Png Govt wants to purchase all Xstrata's 81% of Freida.What or if they flog any of it after that who knows.It would sure tidy up the situation if they did.Simpilify all the approvals and renewal of leases etc
A good day on the market today.
HIG Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
