I am not saying it is a "bad" investment, I am saying I have my...

I am not saying it is a "bad" investment, I am saying I have my reasons for why I am not invested here, and I appreciate as a non holder, my opinion doesn't carry any weight around here, which is completely fine.

With relation my suggestion for a merger.

Right now both HIO and MGT are looking to raise funds to go mining.

They have a combined market cap of about $50m, but both will need to raise billions to go mining, and there would be a lot of synergies and efficiencies with relation to raising funds.

There would be a higher probability of one business combined entity with a double digits multi billion tonne resource raising $3B+funds, rather than two business with single digit billion tonne resources each raising $3B+ in funds.

HIO and MGT will both have exactly the same set of challenges, and the resources have the same properties, and likely processes, because they are effectively on the same ore body.

With relation to the Pilbara, BHP and RIO have been operating there for decades, and whilst there are smaller mines up there, the last large scale mine that I am aware of, other than FMG.

Anyways, this is all speculation, and for a company I'm not invested in, but I do appreciate the chance to discuss, investigate new companies and learn more.