I don't think the Govt will be doing allocations at the port but they will be selecting a developer based on the best business case and their ability to open up currently stranded resources & junior producers as this strengthens the business model and is a priority of the WA govt.
IOH is in a great position but I'm a little concerned that AQA & FMG might soak up all the initial capacity and we would have to wait for port expansion to get allocation which might be 2015 or 2016.
Be nice to hear from forum members a little closer to the anketell issue
IOH Price at posting:
$1.22 Sentiment: Hold Disclosure: Held