Ann: Investor Briefing Session, page-107

First 107 Last

Share
Profile

Follow
chrism68

614 Posts.

203

26/10/22

20:40

Post #: 64416510
Share

Originally posted by Stinger6: ↑

It is fair to say LOIs won't get the product out of the ground on its own.
Yeah companies put forward their interest and it's not legally binding but there's a bit more to it than just putting your hand up today and be gone with that interest tomorrow.
These companies are being strategic and moving forward they know the supply crunch for high grade ore will bite - so why wouldn't they continue to be interested?

Clearly there is and has been interest in HIOs product for a long time now. Those companies are obviously still interested 5 years on since being announced.They need HIOs product. Fair to say they need us big time into the future and if a company that signed for 1mtpa wants to move on from HIO then so be it. We have a lot more interest than we can produce per annum anyhow and that would explain why those companies who announced interest with us 5 years ago are still happy to link with us now.

Up until last night, all we knew was the 12mtpa listed above and Bryan had mentioned the term Conga Line a few times over the past year.

Bryan has now confirmed that we now have multiples of 20mtpa in signed LOIs. I take the term "multiples of" as at least 2-3 times 20mtpa. That's a large amount. More than i thought to be honest. It will be interesting to see where the new interest has come from since last reported.

IMO the initial reporting of the LOIs was big news for HIO back in 2017 but not really in 2022. Everyone invested in HIO knows demand far exceeds supply so imagine releasing an announcement every time Bryan got a new phone call about interest in the supergrade ore. That could be a daily announcement at times which is pointless.

Shareholders want to know how the product gets out of the ground now and Bryan and the team know that more than ever over the past week.

Expand

your wording previously conveyed that there are buyers and investors lining up. Through all of those last few posts all I'm hearing now is intent.

You're wording is starting to sound like upramping and spin. How about just calling it what it is, intent and only that. No offtaker has invested yet and none of that intent has been converted to binding since 2017. Otherwise, we'd be having a very different conversation and the SP would be in a very different place.

Last edited by chrism68: 26/10/22

HIO Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

There are more pages in this discussion • 6 more messages in this thread...

First 107 Last

Add HIO (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change -0.002(8.70%)		Mkt cap ! $21.34M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.1¢	$15.99K	761.5K

Buyers (Bids)

No.	Vol.	Price($)
3	120953	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	756737	5

View Market Depth

No.	Vol.	Price($)
4	454286	0.021
6	814490	0.020
11	2850522	0.019
3	250053	0.018
4	836881	0.017

Price($)	Vol.	No.
0.022	756737	5
0.023	570736	3
0.024	618526	5
0.025	202440	2
0.026	150000	1

Last trade - 16.10pm 26/08/2024 (20 minute delay)

HIO (ASX) Chart

Ann: Investor Briefing Session, page-107

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Investor Briefing Session, page-107

Top Stories

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News