HIO 3.85% 2.7¢ hawsons iron ltd

HIO has potential to be one of the best investments on the ASX from here. But How?, page-13

  1. 378 Posts.
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    Most likely sober as a judge,

    Exceedingly high strip ratio
    No flow sheet or mine design
    No way forward as yet i.e. Tonnage how its getting to port, where is the water coming from......
    Extremely poor management
    ASX release stating 70% Fe is "conceptual only"

    Few red flags there.....Why would a partner sign up with all those red flags. More likely to be a hostile take over if anything at a price lower than it is now.
 
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