Honest as always, my key points1 - costs are perhaps 2 to 3...

  1. 600 Posts.
    lightbulb Created with Sketch. 114

    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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $19.31M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $380 20K

Buyers (Bids)

No. Vol. Price($)
3 186893 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 887873 9
View Market Depth
Last trade - 09.59am 24/06/2025 (20 minute delay) ?
HIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.