rustling in the long grass...

Saw an interesting interview on ABC 24 last night with Atlas Iron. The usual spruik etc etc, but at a minimum it shows the mid-tier and junior miners are playing the strategic game pretty hard. IOH still keeping hush on Maitland River and FMG keeping cards to chest on when Iron Valley kicks off...exciting times ahead to those who wait(ed).

As an aside there was a suggestion that Atlas's port allocation of 46million tonnes should give them a much larger market cap based on the amount (20billion) that BHP are willing to spend on their own 240mil expansion - I only mention this as I want to try to find out what value should the market ascribe to IOH if they get 10 or 20 million tonnes of allocation out of the final Anketell proposal? At the BHP costing for tonnage then about 80million dollars per tonne of capacity is what it would cost to build it, so any 'free' allocation could be seen as a very valuable asset.