What investors always get wrong is the starting point , if HIO had a mkt cap of $180 mill then the bears are probably right at the moment, if HIO has a mkt cap of $30 million than the bulls will more likely be right. At $40 mill HIO probably worth a punt given the sheer size of the resource, the political support for green steel and it does feel like things are coming together, HIO is along way from where it was at the start of 2023, when there was no plan and Regal was being tapped in desperation.
But how do HIO fund the next 12 months?
HIO Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
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