I do believe that HIO is in the right place at the right time and will eventually get a sponsor, but not for everyday working capital. So in the meantime failure to get the share price moving, ie: no detailed investor pack of the reset/story to the broad market, has left the vehicle of HIO floundering and now needing cash at a time when it has a depressed share price. Whenever you hear "drilling has been difficult", that is code for it's cost more than we expected.
HIO Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)