You wrote quote
"management are sounding very bullish on BFS which is excellent with where the current IO price is"
Unquote
Of course they are and so they should be.
Here is a reality check, that you, and many - need to understand. The Iron Ore price (IOP), today (now) - is up 3% to USD$108.90. This project stacked up amazingly well, even when they used a price of $63/t in the 2017 PFS!!
So right now, the IOP is 72% UP on that 2017PFS number ($108 v $63), yet
In 2017 there was little, or no talk about Green Steel. Compared to NOW.
in 2017 HIO were fighting internally with their partner Pure Metals. Compared to NOW having 100% control of the project
DYOR
You wrote quote"management are sounding very bullish on BFS...
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Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $36.76M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.0¢ | 3.6¢ | $27.17K | 736.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 722771 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 152041 | 4 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.6¢ | 404724 | ||
| Last updated 15.47pm 29/04/2024 ? | |||||
| HIO (ASX) Chart |