HIO 4.35% 2.2¢ hawsons iron ltd

Ann: New chairman to lead HIO's transition into production, page-45

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  1. 747 Posts.
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    excellent de-risking in my opinion…

    of course preference would be for non-Chinese money and that we raise this capital through a mix of debt, tier one investors (eg superfunds), JV partner or via any contributions/prepayments from our non Chinese interested offtake partners.

    But if worse case scenario eventuates, should none of these come to fruition, we know we have a solid link into China.

    At the end of the day, our priority is to get this mine into construction in less than 9 months and into production by end of 2024.

    personally, I couldn’t care less where the money comes from, I want to see us into production as soon as possible, that is what will create the best return for our investment.

    That said, I am very confident we will not require Chinese money. Remember those comments from Brian relating to all the institutions/Banks/super funds interested in funding our project? Remember that line of offtakers interested in our high-quality product, there sure is competition out there for environmentally sustainable carbon neutral projects that isn’t Chinese money imo.
 
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