Highlands Pacific (ASX: HIG) is up 45% today, with PanAust set to replace Xstrata as Frieda River JV partner in PNG
Gavin Wendt
MineLife
Highlands Pacific (ASX: HIG) is up 45% today, with PanAust set to replace Xstrata as Frieda River JV partner in PNG. PanAust (ASX: PNA) will assume 80% project ownership and can subscribing for a placement of up $10 million in Highlands. The market's reaction has already been overwhelmingly positive, with Highlands' share price firming by up to 45% today to a high of $0.09.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
1 topic
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Buy Hold Sell: 5 ASX disruptors taking on the giants
Livewire Markets
Equities
The critical mineral no one's watching (and our #1 ASX small cap pick)
Seneca Financial Solutions