IOH 0.00% 70.0¢ iron ore holdings limited

MIN AQA IOH, page-10

  1. 5,275 Posts.
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    Yep there is only one way ore is getting on the water from that location within the next five years - via IOH's barge port.

    The AQA tenements are (from memory) very advanced in terms of studies & ready to go but were dependant on Anketell Port and I doubt that is a snowflakes chance of happening even within 10 yrs it's just too expensive and risky.

    The IOH private haul road with 20mtpa capacity just happens to link right into a deposit shared between the IOH + AQA land... And why build a 20mtpa haul road all the way to Buckland when IOH only ever intended to move 8mtpa out of our own deposit? Why not build an 8mtpa road to (say) the highway and then 20mtpa from the highway which could then be hooked into by others?

    Quite a few coincidences stacking up now and the Min Res play for AQA is sending some fairly strong smoke signals IMHO - not getting ahead of myself but just wondering if this is the time we have all been waiting so patiently for...
 
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