Either Twiggy or Gina will be ideal partner with deep pockets at the moment. And yes if they want to be a JV partner, they would want a large % of the project. It is speculation but I doubt Twiggy would want a slice of Hawsons. His focus is something different. He has clearly said iron ore will not be FMGs core business in future. So I am discounting Twiggy. It could well be RIO given Simandou is slipping out of their hand. It’s all speculation but a JV partner announcement should put a rocket on HIO SP.
HIO Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
