All well put MGT - but share price is a factor in terms of dilution for us shareholders waiting for an outcome on the port and mine.
I see they've been raising more funds through the Bulk facility, at a discount t to current SP which is nowhere near reflective of underlying value.
O think management needs to get on the front foot a little more, not to be hype promoters, but to differentiate themselves as the credible alternative, so that any further fund raising between now and a transaction has as little dilutive effect as possible.
As for HIO - I see the hype this is getting as being positive for IRD because more eyes on the area will eventually attract smart patient capital to IRD
MGT - have you heard of any developments in relation to how the new Labor SA govt is going to go with mining and green steel opps?
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