I'm repeating myself, but that's the problem with listed assets...

I'm repeating myself, but that's the problem with listed assets like this, HIO "is" actually sitting on an enormous discovered ore resource, 64 billion tonnes+ at last investor pack . But chances of it ever being monetised move around between zero and 10% chance. During COVID the low cost of capital made the odds were higher than zero, but with cost of capital back to normal market is saying close to zero chance . ie: these vehicles with a discovered resource can really swing around based on cost of capital. RBA cutting rates might help HIO recover a tad, but when is that going to be...

MGT has good leadership, HIO has next to none, but both are trading at shell, so that's not HIOs problem . I suppose the mkt is clearly saying you don't need to be in vehicles like this until rates head lower. It's as simple as that