Is there anyone with a bit of understanding able to post up what the next expected announcements would be?
By the end of this month there should firstly be an announcement on the Process Flow Design and secondly on the resource update. The resource update moving the 400mt into Measured whilst good news in my my opinion isn't significant enough to come as a major surprise to the market given that the company has been spruiking 400mt in their presentations already. It will need to be more than that or at least give a strong sense that with further drilling results there is plenty more to come in terms of a resource upgrade.
In the meantime whilst waiting for these announcements to come it might feel a bit like the share price is getting sandpapered to death and hopefully it doesn't fall to the all important 41 cent mark which it got close to during the past week. There should be plenty of other news by the end of the year.
HIO Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held
