HIO 2.86% 3.4¢ hawsons iron ltd

Interview, page-2

  1. 488 Posts.
    lightbulb Created with Sketch. 85

    Honest as always, my key points

    1 - costs are perhaps 2 to 3 times what was expected
    2 - pause until options are considered
    3 - perfect storm of economic factors or headwinds
    4 - unanimous at board level that announcement was the right thing to do
    5 - need to conserve cash
    6 - banks and investors are sitting on the side-lines, perhaps more hurt to come in economy
    7 - refresh our shares at AGM (not sure what he means by this term?)
    8 - working with contractors on what is sensible to continue
    9 - asset is still in the ground
    10 - demand for product has not gone away
    11 - conga line is still there
    12 - look at lower capex and production targets over coming weeks
    13 - maybe 5 million start and 20 million in future
    14 - it's a necessary pause
 
watchlist Created with Sketch. Add HIO (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $32.16M
Open High Low Value Volume
3.4¢ 3.5¢ 3.3¢ $41.65K 1.235M

Buyers (Bids)

No. Vol. Price($)
27 5245753 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 137031 2
View Market Depth
Last trade - 14.17pm 01/05/2024 (20 minute delay) ?
Last
3.4¢
  Change
-0.001 ( 2.86 %)
Open High Low Volume
3.4¢ 3.4¢ 3.3¢ 2981949
Last updated 14.24pm 01/05/2024 ?
HIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.