HIO is currently going through root and branch board/management renewal, HIO magnetite does have a good story, just needs the right leadership. The green energy growth drivers will need a lot of infrastructure , that will require an enormous amount of steel, and it kind of defeats the purpose if this steel has to be produced using massive amounts of coal & gas. This thematic (turbo charged by govt policies) , is reason I a have bought some stock here at 5.0/5.5 support , despite the red flags Mondy has mentioned
Unfathomable HIO, page-10
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