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4.76%

2.2¢ hawsons iron ltd

well it basically guarantees the government thumbs up - a big...

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xbayrockx

1,633 Posts.

49

03/04/23

18:16

Post #: 67112188
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Originally posted by OutResourced: ↑

Agree in some respects. Closer to town but much much further from port.

Strip ratio a huge issue. Companies prefer to dig and get the mineral out of the ground to start making money instead of digging thousands of tonnes of dirt just to get to the ore.

Major Project Status is not required. Helps and looks good but definitely not required. MPS helps streamline the approvals process and puts companies in contact with companies to fund the project thats about all (this is the statement on all governments websites). In regards to putting companies in contact I personally do not believe this is required as HIO was in contact with Mitsui and Posco well before receiving MPS not to mention 'Green Ore' should speak for itself.

I would argue the important points are management team, quality of the ore and ease of getting to the ore.

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well it basically guarantees the government thumbs up - a big deal in todays woke activist environment where companies wont touch anything without ESG on it

HIO Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.001(4.76%)		Mkt cap ! $22.36M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$17.08K	771.3K

Buyers (Bids)

No.	Vol.	Price($)
2	260306	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	53522	2

View Market Depth

No.	Vol.	Price($)
2	260306	0.022
5	794983	0.021
20	3915827	0.020
5	1762683	0.019
7	3480635	0.018

Price($)	Vol.	No.
0.023	53522	2
0.024	154799	2
0.025	113000	2
0.026	912839	3
0.027	9527	1

Last trade - 15.57pm 01/11/2024 (20 minute delay)

HIO (ASX) Chart