I still believe the demand for this product is strong and will getter stronger and stronger, it's not a demand issue it's raising the capital to get this stuff out of the ground and to complete all nessary paperwork to do so. I agree with other posters that this will drop further until management comes out with a clear path forward. Still not convinced the recession is as bad as what is made out. Construction and Labor cost definitely a problem, that will change soon as the amount of worker migrates coming to Australian will be astronomical.
HIO Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
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