Ann: Bankable Feasibility Study Activity Slowed, page-40

I for one am glad they are not trying to sugar coat this. In this way they are making the situation clear for institutional AND retail investors alike. Essentially leveling the playing field and not making retail hold on while the big boys can read between the lines. HIO's management has been straight forward and honest in good and bad times.

What you are seeing: i) Transparency on the delays due to the macro environment, ii) Acknowledgement of delayed BFS iii) They have stated they are in discussion with several parties (and are obviously not able to specify until something signed) iiii) This is a recent decision and based on a currently developing situation (the global economy) so no need to give dates that mean absolutely nothing since they have zero impact on this situation!

No need for PR at the moment. Need to be patient unfortunately.