HIO 2.94% 3.3¢ hawsons iron ltd

Ann: 20 Mtpa BFS and MOU with Flinders Ports, page-200

  1. 635 Posts.
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    It is a moot point now but the existing use contracts and competition for that 10Mtpa capacity by other than HIO on this line? They will go use another line eh? The reason HIO abandoned rail is because it is uncertain they will get the access they need to it.
    Read between the lines folks. It you are a dreamer and believe a new port to accomodate cape size vessels and 20Mtpa can be built in 12 months then that is your dream and dreams are allowed. But 12 months from when? Today - so next July? or 3 years when approvals are complete IF they ever complete - absolutely no guarantees at all.
    The hype about a resource upgrade being meaningful is just that - hype! No port, no rail, no water, no pipeline route, no native title. Ah but who needs those.
 
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