Agreed SW its like every other port, you pay the capex you get the berth and port capacity under a lease from the State.
There was talk in the AFR about Aquila being interested in partnering with us.
Im sure the more partners we can bring into a potentially larger development the better the economies of scale and the less capital risk to us.
Interesting that the WSJ article mentioned engineering firms being interested in building and operating the port and charging us a tariff. The economics must be stacking up.
IOH Price at posting:
$1.16 Sentiment: Buy Disclosure: Held