in one breath management is saying they are honest operators and dropping the information about BFS to meet disclosure. Then in the next they try and sell their 200 mill loan facility wasnt a complete disaster that cost the share holders millions. They then try and sell big interest in project, yet then sell into Regal who will essentially hold down the share price until they are out of the company. The fundamentals of the resource remain strong, but it’s would be generous calling the leadership amateur in the last 12 months. 5 mill could have been raised by current holders with options handed out at an exercise price that would potentially bring in increased investment in the future. Something doesn’t add up in all this imo.
HIO Price at posting:
9.2¢ Sentiment: None Disclosure: Held
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