Aquila was mentioned as a potential user of the port. Makes sense for them to get some cash flow going.
We know IOH is talking to a lot of parties, not just miners but also Private Equity groups and Infrastructure/Logistics type players.
We also know we may have a seperate deal on the mine development as opposed to the port development.
In terms of logical fits you would think MinRes would be a great partner for the entire project given their proven track record in mining development and their engineering expertise for the Port side.
I think the expectation was that a financing deal would be released around September so hopefully not much longer to go.
IOH Price at posting:
93.5¢ Sentiment: Buy Disclosure: Held