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1.69%

2.9¢ hawsons iron ltd

Fair Valuation of HIO, page-4

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johntie

3,430 Posts.

578

11/08/23

10:36

Post #: 69285355
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Originally posted by Tymmsy ↑

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.

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Great post, just need to wait it out for the capital raise as it will be at a discount and once the share price drops to that level and regal are out IMO that will be the bottom or there abouts

HIO Price at posting: 3.9¢ Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 2.9¢		Change -0.001(1.69%)		Mkt cap ! $29.25M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$44.94K	1.528M

Buyers (Bids)

No.	Vol.	Price($)
18	2677145	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	992516	10

View Market Depth

No.	Vol.	Price($)
18	2677145	0.029
10	1318650	0.028
5	696793	0.027
6	376655	0.026
8	320039	0.025

Price($)	Vol.	No.
0.030	992516	10
0.031	896523	7
0.032	1502734	7
0.033	675464	5
0.034	937456	5

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 2.9¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
3.0¢	3.0¢		2.9¢	120398
Last updated 15.56pm 07/06/2024 ?

HIO (ASX) Chart