IOH 0.00% 70.0¢ iron ore holdings limited

Ann: Satellite Deposits - JORC Resource Update , page-6

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  1. 200 Posts.
    re: Ann: Satellite Deposits - JORC Resource U... RD, I like what you think, your on the money.

    You say 5 bucks, imagine if BS & IV happen, then we have 5mt (IV) around 2013, 4mt BS around 2015, going to 8mt around 2017. Even if they are both JVs, that's 13mt. AGO has a MC at 1.7 BILLION shipping (currently) 6mt.

    I know they have port allocations etc, but if (say) IOH can secure their own port allocation, then IOH could have a MC of 1.6 Billion, thats $10sp.

    Yes, please all shoot me down with my maths and speculations. But hey, its STILL all possibility...
 
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