TU from me SW, for no other reason than I appreciate your thought process in coming up with this suggestion. Whether it occurs will be very interesting to see.
I recall many years ago when KS first came on the register I thought it may be his intention to ‘take out’ the whole company. However in recent time this idea had not been on my radar as we have been ‘selling off’ assets. My most recent ‘guess’ on KS’s IOH intentions (probably mid last year) was that he does not intend to mine, but instead wants to be a prospector/explorer/developer/seller, to develop strong connections with io majors (ie fmg) to further support his Cat/Westrac businesses.
Your suggestion fits perfectly into my original thread question about mining and our future generally, and what are KS’s intentions. As our resident political ‘headkicker’ iron mike suggests, only KS knows which way he is going and he’s not telling anyone.
All good thought provoking stuff. The really good news is that the future looks good for us holders, whatever happens (world calamity issues aside….).
Cheers, Mac
Please dyor.
IOH Price at posting:
$1.68 Sentiment: Buy Disclosure: Held