Magnetite processing plants need lots of water. Water is not readily available nearby this mine site. Transporting the ore to the port is also not trivial.
Why this could be your last chance to buy HIO under 5 cents, page-29
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |