Absolutely @johntie. Off-take agreements will come with some funding towards construction. Then other financing packages will come after.
8 customers were willing to sign off-take Letter-Of-Intent (LOI) at the time when Fe70% was around USD $88/ton. They would be more even more willing now to sign off-takes with Fe70% price expected to be at USD $130/ton and with green steel demand expected to increase to reduce emissions. Wood Mckenzie expected pellets and high grade iron ore demamd to grow at up to 35% annually in coming years.
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $28.25M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $80.36K | 2.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 981370 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1194560 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HIO (ASX) Chart |