Good Morning Maz and al the longer term holders.
I haven't posted here since before that fateful day on October last year.
Looking at the current situation I would say that our MC has way overcorrected now and appears we are the bottom of the curve and on the way back up towards fair value which I agree with Maz is circa 40c per share.
There is now a hope that with the shallower depths of ore that we can produce less waste and therefore less production costs.
There is also hope now that a revised BFS will assist with renewed interest from a finance/partnership perspective and we can get moving again.
The "Compelling Economics" whilst they have changed due to the initial capex cost blowouts still present a case for the future based on I/O prices being strong, reducing inflation and the need for green steel into the future.
$35mil MC at present....got to be worth more than that looking with a longer term lens.
- Forums
- ASX - By Stock
- HIO
- Fair Valuation of HIO
Fair Valuation of HIO, page-2
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $28.49M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $296.0K | 9.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1552901 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 48634 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1552901 | 0.031 |
24 | 2077360 | 0.030 |
7 | 1292982 | 0.029 |
4 | 827000 | 0.028 |
4 | 1039669 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 48634 | 1 |
0.033 | 1922121 | 7 |
0.034 | 1082159 | 3 |
0.035 | 50000 | 1 |
0.037 | 695030 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
3.2¢ |
  |
Change
-0.001 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
3.1¢ | 3.2¢ | 3.1¢ | 2220517 | ||
Last updated 15.50pm 03/05/2024 ? |
Featured News
HIO (ASX) Chart |