Bit of a flinch reaction from market no? HIO are being cautious in a volatile market. It's a long term project anyway.
"The Company's capacity to raise additional capital during the next 12 months would be contingent on the passage of resolutions to be put to Shareholders at the forthcoming AGM on 15 November 2022"
"The passage of these resolutions will significantly enhance the Company's equity funding capacity and options to fund the required BFS activities."
HIO Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
