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4.55% 2.1¢ hawsons iron ltd

I think the 300k shares at 45c will be withdrawn before...

  1. Tran
    2,982 Posts.
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    08/07/22
    09:23
    Post #: 62434590
    I think the 300k shares at 45c will be withdrawn before opening.

    Regarding the resource upgrade my understanding is management hopes it will be close to 400mil tons in Indicated/Reserve category, enough to support the production plan of 20mtpa.

    There are extensional drillings and the result will be upgraded around Nov/Dec before the BFS release.

    People who have said the 400mil tons resource figure has been priced in could not be more wrong IMO. 400mil tons is a BIG MILESTONE for Hawsons project.

    HIO Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 26  Upvote
    lightbulb Created with Sketch.  Great analysis
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