altura story

Interesting how Altura is getting noticed at the moment with these two articals. They have a 30% interest in a JV project with Altas @ 3mtpa. Now talk is expanding to 6mtpa and being a cash cow. Well done to Altura and their shareholders.

It does make me wonder how IOH will be perceived when we have 4-6mtpa from IV PLUS 4-8mtpa from Bucklands.

Will IOH be seen as a cash cow to? :-))

http://www.smh.com.au/money/investing/coal-or-iron-alturas-digging-a-rich-seam-20140223-33a6x.html

http://www.smh.com.au/money/investing/altura-a-winner-from-atlas-expansion-20140225-33e76.html