HIO 3.23% 3.2¢ hawsons iron ltd

Hio isn't like bci, because it can't apply for the north...

  1. 934 Posts.
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    Hio isn't like bci, because it can't apply for the north Australia development fund. A fund for creating jobs in North Australia. A green fund is a no go zone. What other govt fund are you talking about. There isnt one. It very easy to punch holes in a finance deal for hio. The only way for hio to get to mine, would be to sell a large part of the project to someone else in an equity deal. With 2billion needed, you would think 80 or 90 per cent would need to be sold, so hio can fund there portion. 80 per cent sale would bring in say 100m. That would be a really big win for hio. Hio partner no doubt would need to have the billions to build the mine. Hio would be at the becon call of equity partner then, and any games they play
 
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