Bullish secret move, a 2nd WA refinery, a $2B deal
PH been secretly talking refining in WA.
a move to take on BHPs monopoly in WA
a leadership move finally thinking way above & beyond current infrastructure & mine planning unlike MCR thats happy to coattail bhp with no mill paying 35% tolling at a MC triple POS!
This is very AF FMG like..
also a new European offtaker competing with BHP Trafigura now on the scene & BMM left in the dust.
Something BHP already does & controls here & what AF FMG SHOULD have done already with POS but for their shortsightedness.
Make no mistake you whiners, this is a horse slap in the face of AF & BHP & BMM at the same time.
Dufuses who didnt realise POS is an industry leader
A signal the Ni war is coming to POS.
AF should have done this & BHP CANNOT let this happen as it will break their monopoly.
expect fireworks soon as AF BHP BMM have had their pants pulled & shown up as dumb a@ses who ignored & disrepected this industry leader.
Offtakers & suitors will have to pay a lot lot more, Trafiguras price just doubled & BHP rejected.
Great move PH, stick it to those dufuses, show them what 60s high flyer POS can do in refining & do it without them!
poseidon is the 2nd Force in Ni Ore & Refining!
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