HIO 3.13% 3.1¢ hawsons iron ltd

Not sure where the 3.0 Billion for contruction came from....I...

  1. 3,086 Posts.
    lightbulb Created with Sketch. 51
    Not sure where the 3.0 Billion for contruction came from....I keep reading US 1.5 billion. I think financing for that amount, while difficult, very much achievable based on the quality and quantity we have.

    As for the pipeline...I'm not sure I agree with the possibilty of some other party building and running it. To much risk on both sides...only one customer and only one provider. Why would we be held to ransom for the only player in town? and why would they not want more than 2 or 3 players to use their infrustucture...It doesnt make sense.

    I see it much like Century mine in Qld...they have a pipeline from Lawn Hill to Kurumba which is about 300ks. They built it and own it and run it. And that pipe line was justified on a lot smaller resouce base than what we have here.

    Also the pipeline doesnt have to be up and running from the start...it could be trucked or trained to Port Pirie or Port Agustsa in the interim.
 
watchlist Created with Sketch. Add HIO (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
-0.001(3.13%)
Mkt cap ! $28.49M
Open High Low Value Volume
3.1¢ 3.2¢ 3.0¢ $296.0K 9.513M

Buyers (Bids)

No. Vol. Price($)
10 1552901 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 48634 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
3.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
3.1¢ 3.2¢ 3.1¢ 2220517
Last updated 15.50pm 03/05/2024 ?
HIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.