HFR 1.79% 27.5¢ highfield resources limited

Up-date from 30th June 2018, page-6

  1. 15,767 Posts.
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    Some questions please...
    Can I ask you is your $3 target within what timeframe after final approval?
    If the mine takes 2 years to complete from that point, how do you see the SP tracking over that period?
    Do we assume they will require additional capital at some point? Is this likely to be shortly after approvals to maximise on the euphoria? eg SPP/Insto placement? Or is it possible they stuff The Instos, who are no doubt hoping to cover their shorts in a cap raising by introducing a financial partner or finance solution?
    So where will SP end up by time mine is live?
    Ash, you obviously have your feet planted firmly on the ground and your commentary is never hyperbole, so appreciate your posts and will take your responses as a minimum baseline to consider moving forward.
    Thanks.
 
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