in general, HIO planning to develop a mine without being a priducer with income streams, just got shafted with bad timing with bad economic metrics. It is an inflationary environment with recession forecast or occurring (stagflationary environment) making it ridiculous to do a BFS now. They have done the most prudent thing - it's no point doing a BFS vonsidering the current environment where rates are increasing, prices are at elevated levels but iron ore has retraced over 50 percent since the ath. Better to reassess when the global macro environment settles and the revisit the BFS.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $9.55K | 524.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1465883 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 818211 | 2 |
View Market Depth
| Last trade - 15.41pm 27/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |