HFR 8.04% 25.8¢ highfield resources limited

happy to be corrected by this company has 135m shares on issue...

  1. 28,706 Posts.
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    happy to be corrected by this company has 135m shares on issue plus 20m in the money options plus 100m performance shares

    the current market cap is 255m x 0.63 = $160m

    if the Javier Project has never been mined before then the CAPEX will be new & relatively large

    what is worse is the potash grade is 18% KCI, which is near 50% or half lower than the best mines that have around 32% KCI

    I also look forward to the PFS

 
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