I think this is being bought up on the resource upgrade so it...

I think this is being bought up on the resource upgrade so it will be active until the news then will drop back a bit before the next pimp before the BFSt...the old sell on the news theory will be a player in the short term.

I have been investing/trading for around 20 odd years.

HIO is one of the best longer term holds I have seen for a long time. To that end I guess I'm lucky to have been able to buy in on the drop back to the 40's

I was going to have a question about the comparision to IRD until I came accross a few bits of Info such as the chart (below) on the IRD thread.




Once I saw this along with the huge cost of getting IRD into production it confirmed that HIO is the place to be. Mines usually take many years to get into production. (I used to work fro WMC and North Limited before thay got taken out by BHP and RIO so I do have some idea of the process)

Tran has helped doing a lot of the leg work on the numbers...Thanks for that @Tran
I will be buyning in on the dips between now and production (a very likely outcome). My expectation is that the dividends will be twice as much as the current share price as time goes by.

good luck to the LTH here and may the force be with you.