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0.00% 70.0¢ iron ore holdings limited

bucklands haul road approval out, page-2

  1. tcf
    6,858 Posts.
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    22/05/14
    10:31
    Post #: 13399470
    I can't believe the muted reaction to IOH's news about its haul road licences.

    The licences will enable the company to construct and operate a 20 million tonne per year private haul road from the Buckland project to the port. No public road use at all.

    But more importantly it is a 20 tonne per annum road. The company's news to date has been around a 8mtpa project at Buckland.

    So what are the company's plans to fill the 12 million tonne additional capacity on it private haul road?

    Is IOH planning to be a 20mtpa producer over time?

    IOH Price at posting: 84.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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