HIO 0.00% 2.1¢ hawsons iron ltd

Ann: Trading Halt, page-57

  1. 2,207 Posts.
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    Why would anyone want to get in johntie.

    This project has been around for more than a decade. BFS was due 10 years ago & still not done.

    https://www.asx.com.au/asxpdf/20101217/pdf/31vnwvpdcbq7bs.pdf

    Don't blame past or current management living off it & don't pour scorn on Regal.

    It's the mug retail punters empowering them to keep earning a living off this project that will never see the light of day IMO.

    Huge funding to get this into production & by the time it gets to serious funding & FID (which it won't) the iron ore price will retreat back to its long-term price & it will all be back to the drawing board again.

    However, no one is going to listen me because you all have skin in this game & this post will be history in a few hours.

    Have a nice day & don't forget to put it back up to 9.5 cents in the coming months so that Regal can offload!!

 
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