HIO

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2.1¢ hawsons iron ltd

thanks for the update . This is exactly what I want to hear ,...

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Armourlite

591 Posts.

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29/04/22

08:25

Post #: 61087799
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Originally posted by f100keptin: ↑

Here in Broken Hill its nice autumn weather. Rain forecast today didn't happen --no surprise.
There were 6 or 7 rigs on site trying to catch up the schedule after the Feb/March rain delays.
Apparently an EPA person turned up on site a week or two ago and ruled that for whatever reason there were too many there --i have no idea why--and anyhow there's now only 3 rigs working. They work in mysterious ways..
Suggests to me that the Resource Upgrade will be closer to the HIO published timetable of end of Q2 i.e. around 30th June than "in 2 weeks" which was a hot rumour here for a while, but seems to have gone quiet of late .
Hope it comes true though!
Also haven't heard any more of the TV documentary that my brothers relative was ordered by HIO to get finished "ASAP " in February.
Rumours from the drillers (very second hand I have to say) are much the same as before --"its **#@$$* BIG".. and one recently said "its a fair way down"--which we took to mean that some of the holes showed lots of ore but at considerable depth. I believe that some holes went to 1200-1500 metres and even at a say 30 degree angle that's still a long way down for an open cut, but there's so much to be gotten just below the surface (starting at like 2m!!) to begin with that its not a consideration for some years I would think.
I must get a new post-Upgrade letter to Santa ready!! lol

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thanks for the update . This is exactly what I want to hear , someone close to the source/ground

I missed FMG many moons ago

I haven’t missed HIO

good luck all

HIO Price at posting: 64.5¢ Sentiment: None Disclosure: Held
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thanks for the update . This is exactly what I want to hear ,...

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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thanks for the update . This is exactly what I want to hear ,...

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Featured News

Buyers (Bids)

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