Baosteel would have a market cap of how many $Billions?
Here is a map of their WPIOP showing the I - O - H Buckland project land holding at its heart - with an already approved pathway to shipping.
Here is a map of the IOH Buckland project and approved roads to East Cape Preston port.
Why would not Baosteel have a scratch in their petty cash tin and make a cash bid for IOH while it is in play - getting an alternative route to shipping compared to their existing Ankatell option which is where?? in the timing. Needs a long rail line built.
IOH Price at posting:
$1.33 Sentiment: Buy Disclosure: Held