So i got home yesterday and as part of my 'Jetlag Recovery'...

So i got home yesterday and as part of my 'Jetlag Recovery' today, i've been reading and napping.....

I've had a good read of the BCI AGM preso and interestingly, of MIN's as well. Just a few comments and observations specifically about IO.
* BCI seem committed to IO.
* They have reverted to the same 'business model' that worked for IOH - "Find, Add Value, De-Risk then Monetise".
* Predicted outlook for IO price of between US$55-70/t
* IV mine life of 15 years @ 8Mtpa
* High hopes for increased revenue (potential to double...???) from the introduction of MIN's BOSS transport system.

Interesting takeouts from MIN's AGM preso re IV -
* IV is a 'Marginal Contributor' to the MRL business.....
* BOSS system 'demonstration track' underway and will be fully proven by Q2 CY18
* Q3 CY18 construction of 330klm dual track connecting IV to Port Headland - 18mth construction timeframe.

Some takeouts from my US travels -
* US dollar to rise and AUD to fall over next 6-12 mths
* Oil prices to rise over same period

Looks like the BOSS system is now 'desperately' (?) needed to reduce costs and increase margins for BOTH BCI and MIN.

Fingers crossed that the IO price has found a floor and increases from here.....

Time for another nap.......