Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. 105 Posts.
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    To those who still can't comprehend how HIO can deliver 20mtpa and blab on about how much its going to cost.

    Get your head around this

    https://hotcopper.com.au/data/attachments/4545/4545806-9d4fc009230af468a5ebfe270f4aec9b.jpg


    Just because the average person cannot understand how they bring this to life doesn't mean anything. Let this very capable management team keep doing their thing. Why would they pursue an option so hard that is doomed to fail?
    They are clearly being led by their future customers & banks and institutions lining up to fund us. If in the early stages of 20mtpa investigation they were worried, they would have pulled the pin early and not wasted so much time, effort & money to deliver us nothing.

    I've said all along, a good project will get funded. Even if it is 8-10 Billion (which I highly doubt) but lets say it is a big number - as long as the economics stack up and the payback period is short & low risk for financiers etc. - the project will get funded and the average person who cant comprehend a number beyond 10 digits will be left behind.

    Numbers are exactly that, just a number. Some people get so caught up on the size. If it works it works. Simple. No matter the number, as long as it works and makes everybody money which HIO will at any point in the IOP cycle.

    Green Steel is happening. HIO is in a great position to capitalize this time around.
    Last edited by Stinger6: 29/07/22
 
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