The company wanted to explore all options and the 20mtpa was better option, ESG, lower OPEX but I guess not viable at the moment coz all is too expensive, shocking if you have to pay 2-4x the normal price.
We will go back to 5-7-10mtpa and start with the best option I guess, we should get some update soon.
Existing port, existing rail, pipeline is 60 or 80km - much cheaper to build and mine cost.
We still have great product in the ground, 480mt x an average price of $100/t(if only) that give you $48B.
People that understand the project know that 10c is well oversold.
HIO Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
