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.
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Last
1.8¢ |
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0.000(0.00%) |
Mkt cap ! $20.31M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $41.76K | 2.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 8435624 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 2266598 | 3 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| HIO (ASX) Chart |