HIO 3.57% 2.7¢ hawsons iron ltd

It was always the best option, that's why it was the basis of...

  1. 74 Posts.
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    It was always the best option, that's why it was the basis of the PFS, but instead of management just saying that, making the necessary adjustment, and pressing on, they are trying to protect themselves by coming out a load of rubbish about the "global economic environment" the environment was worse when the PFS was done, the IO price much lower, and a lower AU dollar now is not necessarily a bad thing, bulk commodity projects are generally infrastructure plays, so for this management to decide they were not going to take advantage of the existing infrastructure, and get involved building new ports and slurry pipelines, was always going to cause massive cost blow out, inflation or no inflation, so they either need to resign or get on with it....!!!
 
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