HIO hawsons iron ltd
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Warning: this 9c share may only be worth $4 if the price of iron ore slumps to $100, page-63

  1. sydney6791
    6,323 Posts.
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    11/10/21
    15:16
    Post #: 56713276
    we purchase IO from Aus and invested IO projects in Brazil in the past.

    Okay it’s just my personal view that it is impossible in Australia to produce 62%+Fe via benefication of 15%Fe at cost less than $200 per ton. I also donot think any bank can provide funding for such a project. Time will tell, good luck!
    HIO Price at posting: 8.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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