Correct. The company has said the BFS is unviable in this environment. It either needs the prices of iron ore to significantly increase or the capital cost to significantly decrease. Basically factors out of their control. Hence, the question is, what are the required metrics for hio to develop the mine. Delaying is prudent, but they have provided vague details onfetring the resource development is unviable. This is the problem. At what price does it now become feasible? Why the sudden decision when inflationary pressures have been apparent since last year. Imo the md should go.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $19.18M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $13.04K | 747.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 8768269 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1589911 | 6 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| HIO (ASX) Chart |