Ann: Optimisation Works Update Feb 2025, page-33

  1. 8,292 Posts.
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    Well HIO is sitting on $64 bn of clean Iron Ore, but do you believe the mine will be built? If interest rates collapse the mine may get back on investors radars, but until then the asset is invisible, and cash is incredibly low. Well done HIO running on an oily rag the last 12 months, but they will need to raise something soon down here. 8-(
 
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