I will sell, but at $2.
I don't see anything other than iron prices are on the upwards trend, management is doing great job moving this project to production with the engagement of KPS and now with a team of external experts to bring the BFS to the best outcome, and HIO's resource is soon going to be upgraded to double its previous resource utilization of 201mil tons applied in the previous NPV calculation.
All the interest rate hike talks and fear are just noise. Seen it all before under Trump administration. Anyone remember it? Few weeks later everyone will forget about it and business is as usual. The over-valued stocks will stay at more realistic levels and the under-valued stocks will keep moving to new highs.
HIO is extremely undervalued and its Hawsons project is among the best in the world.
Ann: BFS Advisory Committee Appointed, page-10
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $26.42M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.6¢ | $24.84K | 927.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 185242 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1125000 | 2 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| HIO (ASX) Chart |