HFR 1.79% 27.5¢ highfield resources limited

Ann: Formal Responses to Government on Muga Project Submitted, page-23

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  1. 5,669 Posts.
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    I think we'll turn over huge volumes as the SP pushes up to $2. We're mostly funded, mostly derisked from approvals which only leaves general market, operational (getting into production is high risk IMO) and MOP/SOP pricing risks. The latter three are pretty standard so with approvals, we're set to go.

    $2 within a matter of days from approvals and when construction starts, closer to $3. That's when instos will get onboard.
 
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