HIO 4.76% 2.0¢ hawsons iron ltd

Ann: Company Update, page-26

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  1. 191 Posts.
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    @sache - totally agree that the next resource “update” will occur before end of FY. There has been some discussion on this already - but let’s not get too excited as it may not be a material “upgrade”.

    it’s very important to move more of our resource from “inferred” to “indicated” - which underpins the offtake, and CAPEX financing discussions.

    no one should be upset if this is the case - it adds certainly and de-risks the project again, and will be required prior to any JV, or CAPEX alone can be finalised.

    .
 
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