HIO 3.13% 3.1¢ hawsons iron ltd

I'm commenting on the spiral finance hio has applied for. There...

  1. 934 Posts.
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    I'm commenting on the spiral finance hio has applied for. There is no law against not liking the finance deal. Let's all face it, hio is extremely desperate company, because its got to somehow find 2 billion dollars to build a mine, hence why hio considered and obtained the spiral finance from LDA. People need to understand hio has stranded assets, the money required to get a mine up, for a tiny company, 100m market cap, is staggering. Hio needs an extremely high iron ore price to garner any sort of interest, as the type of ore hio wants to mine is very common around the world. Infact China use to mine alot of it, but cheap hermitite took over in the early 2000's , on price. So if China was to switch to magnetite, it can the mines and infrastructure is there. The Chinese govt has indicated this
 
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Mkt cap ! $30.33M
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3.1¢ 3.2¢ 3.0¢ $296.0K 9.513M

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10 1552901 3.1¢
 

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3.2¢ 48634 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
3.2¢
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