We also need a positive sentiment towards iron ore which will rotate out of other current hot commodities like lithium, copper, nickel,...at some stage.
As for project risks, I believe this Hawsons project has smallest risks of all mining projects out there in my opinion. All supporting factors for a mining project like water, power, roads, rails, ports, local + state+ federal government support,...are just perfect for Hawsons. The company even have talked to port authorities (port Pirie and port Whyalla in SA) and local Broken Hill council. The project is expected to create 1200 construction jobs and 500 operational jobs to local community. One cannot ask for better in regards to these factors for a project.
HIO Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
