ABSOLUTELY COMPELLING ECONOMICS, page-633

I have 100% conviction that HIO is compelling but obviously all shares could suffer in a major sell off. I have merely positioned myself to capitalise on any dip in the price of HIO should it occur. The trend to green steel is real and unstoppable and HIO is the best undeveloped prospect in the world and can only be delayed, not stopped. The impact of the withdrawal of high quality Ukraine and Russian steel mill feedstock puts the spotlight on HIO as a viable source of replacement pellets and HBI etc plus the energy crisis puts focus on SA's massive cheap green energy and hydrogen potential close to the new port. So indeed HIO is absolutely compelling.