Whilst we are all disappointed by the project slowdown due macro factors, resulting in SP capitulation, I believe there is a lot of good to come out of it.
Just to mention a few:
- located shallow, high grade ore, meaning more resource tonnes and reduced time to profit
- new processing flowsheet, reducing CAPEX and OPEX
- better understanding the resource
- potential additional revenue streams
- further engagement with Government
- Regal almost out and hopefully never to return.
I personally think IMO the slowdown has made for a better long term project, but you have to see past the delays; which I understand is difficult.
WG
Whilst we are all disappointed by the project slowdown due macro...
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1.8¢ |
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Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
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| HIO (ASX) Chart |