- 481mt resource - Highest grade iron ore concentrate in the world. - Reset for 5mtpa or 10mtpa scaling to 20mtpa later on. - At BFS stage - Product demand desperately needed for decarbonization as highly needed and highlighted by BHP, RIO, FMG, TATA, NIPPON, ACELORMITTAL,... - Prime target for a takeover or a JV partnership. - MC = $100mil - Exploration Target resource = more than 2bil tons concentrate.
That is Hawsons project as of today 18 Oct 2022.
IT IS A COMPELLING INVESTMENT IN MY BOOK AND IN MAJOR IRON ORE PRODUCERS's EYES.
This is a battle between short term traders and long term investors.
HIO Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
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