HFR 3.45% 28.0¢ highfield resources limited

What SP do you guess it will go to on approval? With 1st...

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  1. 15,767 Posts.
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    What SP do you guess it will go to on approval? With 1st production 2 years from then, I suspect a t/o offer soon after might be the best bet for holders, I doubt it can sustain the excitement for 2 years - yes, it might well be higher on production based on profits improving each quarter, price and sales dependent, which is why it's a t/o target in 1st place, but most would be happy with a quicker return, I guess. (Maybe someone who might be considering a t/o is responsible for the pre-approval SP volatility?)
    TA wise, would like to see it hold above $1.19 resistance soon...
    Last edited by CEOChair: 01/05/17
 
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