I think the 300k shares at 45c will be withdrawn before opening.
Regarding the resource upgrade my understanding is management hopes it will be close to 400mil tons in Indicated/Reserve category, enough to support the production plan of 20mtpa.
There are extensional drillings and the result will be upgraded around Nov/Dec before the BFS release.
People who have said the 400mil tons resource figure has been priced in could not be more wrong IMO. 400mil tons is a BIG MILESTONE for Hawsons project.
Price and Chart HIO, page-4426
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