re: Ann: Positive Concept Study for Bungaroo ...
G'day Butchy.
I was thinking... What would AQA spend on rail alone to bring Hardey online?
They actually forecast $700 million for rail to Hardey in the PFS but that includes rolling stock...
With 240Mt already sitting there (Bungaroo South) right next to stage 1, 150Km closer to port and all the efficiencies that come with having everything within spitting distance... Surely it's worth them at least running the ruler over our Western Hub, bring it all on line with stage 1 and save plenty with the efficiencies it brings.
Just a thought.
IOH Price at posting:
$1.48 Sentiment: Hold Disclosure: Held