Well they appear to be closer to a JV partner than they were 3-6m ago although the process has been arduous for shareholders.
If the assay results are positive that is a major tick on the overall ore resource and in conjunction with lower capital costs this is going to be on the radar of potential partners.
They already have made inroads on shared infrastructure with other companies/entities in order to minimise costs in transport.
The ore-sands aren't something (I think) they mentioned previously so this is a nice little bonus.
HIO hasn't yet come out of its induced coma but the pulse is getting stronger.
Ann: Strategic Review Update, page-31
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