HIO 8.00% 2.3¢ hawsons iron ltd

I am curious as to how much more capital, shareholders (or...

  1. 48 Posts.
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    I am curious as to how much more capital, shareholders (or non-holders) think will be required to complete the BFS. Specifically the quantum of the next capital raise.

    I have a number in mind but I don't want to influence the thinking of others. Just on the back of an envelope I would say funds are needed for:
    - further drilling to confirm the resource
    - demonstration plant run
    - pit optimization and plant size design for a smaller operation (at least initially)
    - pipeline design and required facilities etc at Broken Hill
    - rail to port option and back to transhipping by barge?

    What size mine will the revised BFS aim for? I would suggest 5-8 Mtpa given the reduced capex expectations and the (suspected) limitations around rail availability.

    Thoughts?
 
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