Let me make this clear. The word restriction for junior mean nothing on the paper, AGOs right to develop the port? In this case? Irrelevant. It all come down to whoever own AGO get the right to 50Mtpa export capacity period...
BHP got their 20Mtpa capacity approval and their berth and new mine project is going ahead, obviously strong demand for dirt remain but who can supply the demand without mean to do so? Its all about increasing the volume and is only concern those who operate in the port (FMG, Roy Hill and Mineral Resource.
DYOR
AGO Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
