I agree with your points Johnyb888 but I would like to know facts about the blow out. Not vagaries. For example where does the iron ore price have to go too. Is the current price for this magnetite good enough. How much higher is the worse case in terms of construction. 30%, 50%. Some people on here are saying 200%. Normally construction costs don't come down and if they do not the full amount to the original cost they were estimating. I assume the slurry pipe is totally unviable in this current market. Have they got an estimate already for 5MT. I have held as I worked out if it goes belly up I only lose a small amount. thank Christ I sold some at 24 cents. I was upset when it ran. Anyway we need these questions answered at the AGM. Will they. I rang Hawson today but no answer but left a polite message. this share might go asleep for years.
HIO Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
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)