Returned last week from o/s and have been catching up. A lot has happened since I left in late May....
Disappointing to see min miss out although me suspects (hopes) there may have been a deal done somewhere through all of the bartering.
It would seem we are now pretty much tied to the AQA/Baosteel/Aurizon situation as I would think it would be difficult to attract others when we are pretty much surrounded by aqa land. Having said that I like this comment from the PCF Securities 7th May note -
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AQA’s WPIOP is a very large project with long development timelines. The IOH project will be in production much sooner and could provide the Bidders for AQA early cash flow, through the joint development.
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Need to do some research to see who is in the vicinity of BS and who (else) could benefit from some port access.
Interesting times.
Good luck to all holders.
Cheers,
Mac
Please dyor.
