In my opinion it is extremely likely! I believe a 3rd party specialist will build, own and maintain the infrastructure, with HIO effectively “renting” the use of it at $x per tonne of ore sent through it.
The guaranteed contract will allow the 3rd party specialist to finance it, knowing they have a guaranteed tenant! Additionally, I believe there will be a clause in the contract which gives HIO the “option to buy” the asset at some time in the future. By then then debt will be paid off, and the 3rd party specialist will walk away with a healthy profit!
HIO will reduce their CAPEX spend. They will know how much it will cost per tonne of ore and their ESG Credentials will be enhanced - SIGNIFICANTLY.
This would be a win-win for everyone in my opinion
Ann: 20 Mtpa BFS and MOU with Flinders Ports, page-111
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Last
3.2¢ |
Change
0.001(3.23%) |
Mkt cap ! $31.31M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 3.0¢ | $157.0K | 5.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 394019 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 441587 | 39 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
3.2¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.1¢ | 3.2¢ | 3.0¢ | 2451057 | ||
| Last updated 14.33pm 06/05/2024 ? | |||||
| HIO (ASX) Chart |