HIO 4.55% 2.3¢ hawsons iron ltd

Magnetite, DRI, Greensteel News, page-89

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    Nothing more assuring than hearing from the horse's mouth. Yet we all know the world's iron ore demand and prices are currently under pressure from all sorts of directions: China's Zero Covid, China's housing property downturn, European energy crisis, global supply chain disruptions, global central banks tightenging monetary policies, Ukraine-Russia conflict and ultimately the threat of nuclear war. Short term IO prices can be lower but the long term fundamentals are rock solid IMO.


 
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