well the JV partner is going to fund the DFS ,no one is going to give this co. money now, a cap raise is just not possible , so many poor decisions have been made here, they were first doing a DFS for 10 m/t later added to it a 20m/t as well , then he drops the 10m/t and goes with the 20m/t , cans the DFS six weeks from completion, then has a strategic review to tell you they have decided on 11m/t (why not 10m/t) they must have done a very Indepth analysis to add an extra 1m/t on or did they just want it to look a bit different to the initial plan of 10m/t.
wouldn't surprise me if they shut shop and move on
HIO has potential to be one of the best investments on the ASX from here. But How?, page-29
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |