Actually if you look at their pre feasibility study, it states that HIO will need $1.4billion for the 2 year period before production(revenue).
I'm worried how HIO will meet that funding requirements especially when looking at their recent financing activities - $5mill in Q4 2022, and this $8.7 million.
Also what's going on with LDA's $200million. I thought they had put option on that, Why arent' HIO utilising this facility?
Bottom line - i'm concerned of their funding capabililty.
What you guys think?
Ann: Trading Halt, page-100
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Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $27.24M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $8.064K | 301.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1187355 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 218951 | 1 |
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| Last trade - 15.19pm 11/07/2024 (20 minute delay) ? |
| HIO (ASX) Chart |