It's not new news that the project has been warehoused and that management has been outsourced to a bunch of consultants that may or may not come up with a way forward
Cash burn is ok, and at $30mill enterprise value , HIO's $64 billion of clean Iron Ore, which hasn't gone away, is conservatively valued .
HIO problem is Regal, which still has 40 mill shares and wants out. MGT doesn't have this problem and is looking a lot better on the charts .
It's not new news that the project has been warehoused and that...
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |