HIO 3.70% 2.8¢ hawsons iron ltd

@whatsnxt - there is definitely a premium for Hawsons Supergrade...

  1. 900 Posts.
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    @whatsnxt - there is definitely a premium for Hawsons Supergrade (and yes, I do think that they copyrighted that!).

    Did give you an idea of the premium, it was US$25 above the 62%Fe benchmark for the 2017 PFS (see image below). There appears to be strong demand with the Board now saying that they have signed letters of intend for 50Mtpa, so the should be at least US$25 if that was estimated in 2017 when iron prices were lower and demand for high grade was not as strong.

    https://hotcopper.com.au/data/attachments/4845/4845615-1fdb41c83482bf832728d895bc7781e0.jpg

 
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