HIO 4.35% 2.2¢ hawsons iron ltd

Some pretty negative comments about this, its a good...

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  1. 157 Posts.
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    Some pretty negative comments about this, its a good announcement, but we knew it was coming for weeks.
    We know regal are going to be selling to make a profit. They deserve to make a profit for providing funds.
    Especially when even our own shareholders have doubts. Just reading this thread, look at the animosity.

    I believe the share price is going to stay around these levels until a major announcement.
    That's only going to come with the completed review and securing funds for the amended BFS.

    The market currently expects a CR at a discount rate,
    No matter what is released I think we will find ourselves in the same position until the long term financial position is secured.

    The mistakes were earlier in the year,
    A few might disagree they should have released it differently and took a different approach,
    Personally, I think we would have found ourselves in the same position.

    How else do you expect to fund the 5m without a comprehensive review and knowing the required finances for the amended BFS?
    Management clearly want to come to market with a game plan and a budget.

    If you can provide a better solution over the last month, I would love to hear it.
 
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