HIO 1.69% 2.9¢ hawsons iron ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-20

  1. 3,684 Posts.
    lightbulb Created with Sketch. 481
    In a nut shell HIO have access to a 200 mil line of credit.

    This will be at a minimum set price or 90% of the 30 day vwap.

    These funds can be called upon if deemed necessary but there is no obligation to do so.

    Hope this helps

    Regards

    DD

    P.S They have only drawn down $10 mil.

    It is my hope they don't draw down any more


 
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