Regal is now down to 12 million shares only, and Granzien seems confident they can get a partner to fund the BFS , so equity raises maybe able to be avoided to some extent. Does this provide the fuel for a rise above 4 cents?
The investor presentation delay I can stomach, they are clearly trying to produce something professional.
I still think these long lifed resource projects need an inflection point in bond yields to lower before their value is properly realised. HIO's $64 billion of clean iron ore will be valued properly one day
HIO Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
