It isn't easy to just sit and wait as the SP languishes and a possible CR is in the wings, but I'm not perturbed by the lack of updates since February.
The goal by end of Q1 was to update the geological DB for further analysis - not necessarily update the market.
Going by the below, there is a fair amount of drilling to go and it is pretty technical. I'm just a retail investor so I don't understand all these technicalities, but it seems to me they are being quite thorough in their drilling campaign regarding the ore body and mine pit design.
Obviously they expect to have the BFS sorted by mid-year - I assume this will be the next announcement unless a CR happens in the meantime or a partner comes on board (which would require announcement to the market). Sit tight is all we can do...
It isn't easy to just sit and wait as the SP languishes and a...
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $30.33M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.1¢ | $15.16K | 484.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 767681 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.2¢ | 645814 | 4 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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3.1¢ |
Change
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 08/05/2024 ? | |||||
| HIO (ASX) Chart |