IOH iron ore holdings limited
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$4m for...rail access?, page-2

  1. orewealth
    200 Posts.
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    05/02/13
    11:10
    Post #: 11378800
    Ya, good call doc.

    FMG said they could start trucking ore from IV in 2013 so if WE had the rail access, surely the same would apply.

    FMG has sold down the BCI deal collecting $190mil, so they clearly are trying to conserve/focus their cash on more short term strategic projects.

    A 5mt pa rail access would be a nice little extra for them with minimum outlay.
    IOH Price at posting: 82.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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