if the BFS is pushed out to dec 2023 instead of dec 2022 thats not that bad, hell even if its pushed back to dec 2024 i would be ok with that and just keep holding, what im concerned about is any potential CR they do, i hope we dont get diluted too much, what about HIO $200 million cash facility that they can access? cant they just draw down on that for working capital instead of doing any CR?
I really hope they issue so clarifying announcement soon, something like we believe the project will get the go ahead in 2023/24 it will just take longer than anticipated because of market conditions etc...that would at least instill some confidence back to the stock price.
HIO Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
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