Interview, page-76

  1. 5,842 Posts.
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    @Tran, for your own benefit look at the historical market cap chart (see below, via 'Koyfin'). As recently as 2019 and 2020 this company - with exactly the same resource in the ground - was worth less than $10M... as it was for most of the decade before that. The project is effectively on ice now. Reality has to be faced: this could fall much, much lower than it already is. The only way it can be described as a "screaming buy" is that after buying, you start screaming (as it drops lower). "The resource is still in the ground!" is not the bull case - the resource has been in the ground since forever, the problem is nobody can yet figure how to get it out of the ground, and to port, in an economical way. I know it's frustrating seeing lots of non-holders popping up and commenting, but it's pretty sad watching retail shareholders average down to oblivion. My last post now - but I can't say enough how possible it is this goes back to full hibernation mode for another 5+ years or so.

    https://hotcopper.com.au/data/attachments/4761/4761024-042e7358990a5382af85ae33f4c9f304.jpg

 
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(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $18.29M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $6.896K 378.9K

Buyers (Bids)

No. Vol. Price($)
7 1161376 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 111773 4
View Market Depth
Last trade - 11.44am 27/06/2025 (20 minute delay) ?
HIO (ASX) Chart
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