Gotta luv the BG double speak: "Granzien said the company “has done a lot of analysis” but more is needed, understanding that the BFS is an important linchpin to Hawsons Iron’s next objective – a capital raise to fund the project’s construction. “The main trigger (for the project) is raising the capital, but to do that we need a compelling BFS,” Granzien said. “A BFS is a study, as Dave (Woodall)articulated at the AGM. Studies look at all the details, such that you can answer any questions from investors when the time comes to raise the capital.”
As I have already posted, I spoke to BG (phone) and after he advised that for the looming shareholder's advice session he was confident that there was no question he could not answer so I asked then, what percentage of the 20Mtpa was complete. Answer was "Oh I don't think we can answer that."
Gotta ask again why so many of we fools buy HIO with the current Board. Paralysis by analysis.
Strat Review due end of December. Good thing nobody has asked "which December Bryan?"
(20min delay)