HIO 0.00% 2.8¢ hawsons iron ltd

Ann: Mineral Resource Upgrade, page-57

  1. 130 Posts.
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    happy Saturday all.

    now that the weekend is here, I'm taking a closer look at this announcement .

    I've picked up on something that I just wanted to flag with the group .

    It's It's within the KPS innovation report within the pack, the pit optimization study.

    At the very end of that study, in the conclusion, they use some very strong language in relation to the tailings strategy.

    specifically it says "tailings are likely going to prove incredibly difficult for this project"

    see attached image

    I'd be curious to know if any others here have experienced in this area and can provide context. How serious a risk does something like this pose to the overall project?

    my view is that the KPS report does jump around a lot and isn't as carefully worded as other reports about Hawsons. I have trouble following the logic of some sections, and tge implications of what they are saying are not clear to me.

    so i think it is prudent to get a second opinion...
    https://hotcopper.com.au/data/attachments/3718/3718526-5a2d9107f1ec971aa7d744ac008a74a5.jpg
 
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