Agreed it's not likely to jump 61% in one day but imo those who snatch it at this low sp will see a nice profit. We LT holders will see it rise slowly over the next twelve months.
Looking at today's fall can see all iron ore stocks hit right across the board. imo this compounded the fall for hio. when iron ore price goes up imo we'll see hio go up even before the next positive ann.
Ann: Bankable Feasibility Study Activity Slowed, page-218
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