What’s in store for this potash pure play (By Canaccord Genuity)

Highfield Resources (HFR:ASX) is due to imminently release its much anticipated resource update for the Muga-Vipasca Potash Project in Spain. The resource update will lead into the finalisation of the Definitive Feasibility Study (DFS) which is due to be released in March. These two impending milestones have led us to review our estimates in the lead up to the DFS, resulting in a material lift to our Price Target. We maintain our BUY rating.
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