Thanks for the post @Next 10000.
Just to reinforce your messaging, the premium for just 65% concentrates over the last year has increased by 669% and for pellets by 251%.
In the case of pellets the final CFR price per dmt is actually higher now than 12 months ago and for the concentrates it is down only 15% compared to the fines at 25% less than last year.
There is certainly a back story playing out in IO and it is now more than obvious that is that 'grade is king'.
HIO at close to 70% Fe concentrates will be one of the front runners when the mills come looking for high Fe DRI magnetite off-take partners for feed to use in their Electric Arc Furnances.
Sure, IO is cetainly off its highs of recent times but let's keep all in perspective and that the grade outcomes here will continue to support the viability of the HIO project even if headline IO prices remain 'soft'.
As always, please DYOR before making any investments decisions.
Cheers,
Vis
- Forums
- ASX - By Stock
- HIO
- Iron Awe - how and why HIO could 100X
Iron Awe - how and why HIO could 100X, page-12
-
- There are more pages in this discussion • 928 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HIO (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.39M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $4.588K | 191.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 60204 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.023 |
2 | 110000 | 0.022 |
6 | 618508 | 0.021 |
8 | 946667 | 0.020 |
10 | 2818522 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 60204 | 1 |
0.025 | 296390 | 7 |
0.026 | 150000 | 1 |
0.027 | 276000 | 3 |
0.028 | 38230 | 2 |
Last trade - 15.58pm 30/08/2024 (20 minute delay) ? |
Featured News
HIO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online