The part you are missing is the pathway to unlock $100bn of Iron ore is again becoming clearer, that drawfs drilling expensives /capital raises etc etc .
But to be clear this move at the moment is probably as much about Regal finished dumping as it is anything else. For some reason Regal is allowed by the authourities to dump stock in away that the market clearly can't bear, try doing that as a retail investor and you'll quickly hear from your broker and ASIC
HIO Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
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