HIO 3.45% 2.8¢ hawsons iron ltd

Interview, page-2

  1. 502 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
2.8¢
Change
-0.001(3.45%)
Mkt cap ! $28.25M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $47.86K 1.681M

Buyers (Bids)

No. Vol. Price($)
1 498788 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 214535 3
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
2.8¢
  Change
-0.001 ( 3.45 %)
Open High Low Volume
2.8¢ 2.9¢ 2.8¢ 335857
Last updated 14.43pm 14/06/2024 ?
HIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.