HIO 0.00% 2.1¢ hawsons iron ltd

Ann: 20 Mtpa BFS and MOU with Flinders Ports, page-40

  1. 714 Posts.
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    A non binding MOU with Flinders Ports is not worth a crumpet. Just ask KI Plantation Timbers who had one up very recently and further KIPT had a port construction agreement (fully designed for B-doubles and A-Tripples to drive out to sea circa 1km to a floating wharf to load panamax ships) with Mitsui Group and offtake agreement with them also along with SA Govt Major Projects Status. All the ducks lined up and they began planting more acreage and the minister (yes it all fell to one govt minister) did not approve the port even though the Minister's department said the EIS risks could be managed.
    What is best to do in this situation is to report this post as off topic or something and the risks disappear.
 
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