HIO has potential to be one of the best investments on the ASX from here. But How?, page-20

What kind of strategic partnership would be best for the shareholders? Any insights...??

Based on my research on previous strategic partnerships in iron ore projects, I think Zanaga Iron Ore and Xtrata patnership stood out to me. I have provided some snapshots below of that strategic partnership.

Briefly, s strategic partner comes in and buys 50% of the interest in the project in cash to fund and complete the feasibility study including value engineering analysis. Once the feasibility study is concluded, the strategic partner has the right to buy the remaining stake at the full NPV of the project. For example, POSCO or Mitsui comes in and buys 10% of the Hawsons project for $30 million, and then the remaining stake that it could buy later once the feasibility study is completed for $2 per share (conservatively assuming 90% of NPV of HIO is $1838 million with 919 million SOI). This would be absolutely great outcome if it happens...!!