When IO dipped last year as I recall some mines became uneconomical. Didn't MGX close one of theirs and a couple of companies followed suit reducing supply.
HIO low capex on high value product will put them in a good position.
Just listen to Bryan's interview last year with the ABC for your reference.
You need steel in manufacturing and construction. Not many products don't have some amount of steel.
The lunatics have overrun the threads with these crazy fear tactics.
Either switch off or ask yourself why.
Will HIO be more than today's price this time next year...
ABSOLUTELY COMPELLING ECONOMICS, page-62
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Last
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Mkt cap ! $30.26M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 3.0¢ | $30.41K | 1.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3064026 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 237181 | 2 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
3.0¢ |
Change
0.000 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| 3.0¢ | 3.0¢ | 2.9¢ | 222129 | ||
| Last updated 15.35pm 04/06/2024 ? | |||||
| HIO (ASX) Chart |