IOH iron ore holdings limited

Ann: Buckland Project - Native Title Agreement , page-4

  1. 3,829 Posts.
    lightbulb Created with Sketch. 452
    re: Ann: Buckland Project - Native Title Agre... SW.....regarding road haulage, check see below.

    Check out BCI....they are very successfully moving 5 Mtpa over a dedicated haul road 58 km. long. And read all of this post, they have paid an excellent maiden dividend after mining commencement in 2011. And very few shares issued. If they maintain the dividend, the return will be better than TLS!!

    Extract from the recent quarterly activity report.

    Ore Truck Haulage
    Ore haulage takes place via a private 58km bitumen haul road between the NJV mine site and Fortescue’s Christmas Creek Rail Loadout Facility (“RLF”) where the ore is loaded onto trains for rail haulage to port (Figure 1).
    During Q2 FY13, BC Iron’s haulage contractor, Toll Mining Services (“TMS”), will introduce two 160t payload “Big Foot” road trains to supplement the Pit Hauler fleet. These will replace the smaller 110t payload triple road trains which have been running since start-up.
    Haulage activity for the three months to September totalled 1,227,292t.

    Full quarterly here:
    http://clients2.weblink.com.au/clients/bciron/article.asp?asx=BCI&view=6609127
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.