Yes, the cost of capital at 2 cents is sooo expensive that the mine/HIO is a zombie, just like every other hopeful on the ASX that has seen their share price crash over 2024, and there are a lot of them ..
What would change that situation ?, yes agree it would be an equity position by a major industry player. The wording of the last release was soo vague they may as well have said no one is interested, and the share price has moved to factor that in. 2.0/ 2.1 is support.
HIO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)