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Highlands at the bottom - the only way is up

Papua New Guinea focused explorer Highlands Pacific looks to have a case for its claim to being “massively undervalued” right now, though just how unreasonable the market’s current valuation is should become apparent over the next 12 months. Meanwhile, Trafigura clearly thinks the only way is up.

Highlands is only weeks away from the start of new drilling by Anglo American on its highly prospective Star Mountains copper-gold play, and also drilling funded by Japanese group Sojitz on its