AGO 0.00% 4.5¢ atlas iron limited

Chinese eyeing Utah Point / South West Creek

  1. 10,494 Posts.
    Gossips and speculation heard recently (unsubstantiated) the Chinese are looking at consolidating AGO and BCK's port allocation for a combined 60MTA that may or may not also be related to Baosteel's WPIOP and MINRES's low capex mono-rail freight solution that will be China designed, built and soon be tested.

    Also heard that a certain big IO player recently repackaging their debt may be also be throwing their hat in the ring.

    Can't be more specific.

    It's pure specualtion for now....but this couldn't be a better time for someone (especially the Chinese) to scoop up the lot.
 
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