HIO 0.00% 2.0¢ hawsons iron ltd

Exactly we're struggling to get a few million. Let alone getting...

  1. 157 Posts.
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    Exactly we're struggling to get a few million. Let alone getting a 50/50 JV valued at billions.
    Why are these companies going to offer that deal when the current market cap is 80m?

    I would like to see a CR on the back of the strategic review to shareholders.
    How much do we need to amend the BFS for a 5-10mtpa initial phase project? $5-10m?

    After the BFS is released (which we all expect some great numbers)
    How much equity is needed to be raised to fund the initial phase of the project? $200-300m?
    I believe both would get support and funding from the market.

    Otherwise, let's just wait to be snapped up by a major for cents to the dollar.
    I can't see how we have any negotiation power when we are valued so low and without a plan to succeed by ourselves.

 
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