I can't seem to edit my post above but just wanted to add to my question 2.
Actually looked at HIO's balance sheet, and looks like the mining lease is literally a lease so it's a liability. So I guess it's not something HIO can sell?
HIO's net asset book value is around $30mil so can liquidate around that level at best?
Long story short... based on your experience, what do mining startup companies like HIO go through when projects fail is my question.
Strategic Delusion. In-situ grade not scale the first priority. Catch 22?, page-34
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