Yeah I agree, I do not understand how can someone say IO will go down to $55/t ( you know who) and stay there.
I might get there but it won't stay there coz there isn't enough profit in that price if any for some companies.
Like oil companies IO players have to make sure they make good $ to re-invest to new projects and keep producing.
If you ask me, HIO should have BFS for 10mtpa on the table now and funding very close to signing.
IO is holding well.
I hope the HIO team will give us a good update soon.
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