AQA AZJ

Ann: Aurizon - Joint off-market bid for Aquila Resources Limited, page-4

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  1. madamswer
    7,936 Posts.
    lightbulb Created with Sketch. 1554
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    13/06/14
    16:26
    Post #: 13522519
    LB,
    So you are saying that 26mt pa (2/3 of 40mtpa) of iron ore can be put on ships for a capital outlay of $600m (10% of the $6bn capital cost estimated by AZJ/Boasteel)?
    AQA Price at posting: $3.10 Sentiment: None Disclosure: Not Held
    AZJ Price at posting: $4.90 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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