re: Ann: Environmental Approval for Cape Pres... It's a pity IOH...

re: Ann: Environmental Approval for Cape Pres... It's a pity IOH is so affected by confidence. No news it drifts down only to bounce back when milestones are announced. I guess until we start delivering ore and making money this will remain but one can't doubt the boards determination, and success in recent times.

This port is well located and other parties will be watching closely.AQA for example, same deposit is a sitting duck really and looking at the capex for rail & tightness of free capital you could almost tag that as a goer (not that I'm a big AQA fan)

Looking back two years & particularly after the RIO gate deal went south I was certain IOH would farm it all out.

Instead they have opted for a smart position, farm out the difficult stuff and stand alone on the achievable, i.e. Bungaroo South.

It's certainly been a bumpy ride but Mr Stokes is no fool. This will be a good little earner over time.