I would check announcements again ... HiO...68.3 FE average MGT 68.3 FE average ( but DR pellets) My concerns here are HIO needs to dig up tonnes and tonnes of dirt just to get to the product. As indicated in their concentrate grade it IS NOT 70%. It is very much the same quality as MGT. Difference being MGT has now proven they can produce DR pellets and have sent those pellet samples to steel makers. HiO also have yet to produce or develop a processing flow sheet, or detail plans for their dam (which could be seen from the moon with their current strip ratio). I am invested in both but with this BOD for HIO i am getting increasingly concerened. They have tried to sucker people in with their "supergrade" rubbish but unfortunately have no substance to back it up.
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