Yeah well I guess nothing gets done exactly on time in this current enviroment and the locals might be a bit peeved that the pipeline no longer terminates in town. However the pending resource upgrade may well open their eyes to the fact that little old HIO may actually be a giant on their doorstep. There were hints of larger resource information leakage a couple of months ago that would have been rightly shut down hard. At least HIO is now in the position of being underestimated, allowing for suprises to the upside.
We already have an initial 20Mt production in the bag, but thats not enough for some of you greedy (not me) insatiable money grubbing shareholders but my guess is that you will be rewarded. There are hints of it being a large mine physically but massive economically with A$4-6 billion initial revenue on all up delivered costs of less than $1.5B. Achieving this will catpault HIO from a minnow towards the mining big league.
Now where is that pesky little resource update, promised COB tomorrow?
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