HIO 3.70% 2.8¢ hawsons iron ltd

Price and Chart HIO, page-2330

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    there are good economies of scale with such a large project. so a simple x4 not valid. We’re all guessing & will be till bfs done, but I’d be thinking more around $2.5-3b. But as I said, all guesswork atm.

    I would also think they might consider letting one of the pipeline infrastructure groups build the pipeline and we pay per ton. We’ve got plenty of margin to do that. & it would keep the capex much lower.

    cheers,
 
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