The only real mention that Chichester Hub (sp?) gets in the expansion to 155mtpa by mid-2013 is that they expect 50mtpa to come out of there and the Ningdinghu (sp?) deposit will be a blending ore, and that it gives them options. Carefully cagey so as not to give away any need to go ahead with Iron valley. Still very dependant on the environmental studies I guess.
So, what wonderful news to come in the nexy qtr? Resource build will just keep adding fuel to the bonfire that will ignite once the pieces fall into place. (oh and of course Anketell has gone off the radar recently).
IOH Price at posting:
$1.54 Sentiment: LT Buy Disclosure: Held