and...the shallow zone drilling results are due soon, apparently the assays are already in. So either they find shallow ore and it immediately improves the financial pathway to get down to the bulk of the ore and the whole project is very competitive (lowest cost quartile for IO, scale, grade)....or....they update the geo models with their results and hone in on the shallow economic ore through another round of more targeted drilling...meanwhile the economic cycle turns, inflation peaks and interest rates fall, green steel production expands at whyalla, port kembla, with the next wave of global growth a fairly 'green steel heavy' rebuilding process...
HIO Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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