IOH 0.00% 70.0¢ iron ore holdings limited

brm bid, page-8

  1. 7,116 Posts.
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    If a party is interested in Kurrajura, one would hope the entire Koodaideri tenement is on the block. It contains several excellent proven targets, is located extremely conveniently for BRM, RIO and/or BHP, contains a large amount of DSO plus plenty of exploration upside.

    In terms of access and a "cleaner deal" I would think it's better to sell the entire lease holding to a single buyer in a single transaction.

    It's a real shame we have to wait until end Sept for this process to be finalised, but if it means more bids on the table it can only be a great thing for holders.
 
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