The pipeline will be built by a 3rd party! Then HIO will pay rent per tonne of iron ore with an option to buy the asset into the future!
Anyone with any forsight can see where this is headed and how’s its going to pan out!
As with the Flinders Port MOU and development of that Port - HIO will not be stumping up the CAPEX to build the Slurry Pipeline!
And this is why the SA Govt will give HIO State Major Project Status as well. HIO will be the cornerstone customer for this SA Project, which will be massive for the state (and the future of MGT!)
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Mkt cap ! $26.08M | |||
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