Valuation wise it would. Give or take 500,000tonnes of ore being...

Valuation wise it would. Give or take 500,000tonnes of ore being shipped per annum. Modest margin of $15pt, looking at $7.5mil per annum. Who knows what the traders would take it up or down to share price wise.

I would think they will be getting 2.5 to 3.0mtpa. Given there is room for 6mtpa to be shipped out of Freo and MIN and CAZ have both submitted plans you would think they would allocate half to each company.

CAZ margins will actually be higher then MIN - If iron ore prices drop CAZ will be the company who can produce higher profits and hence continues operating. So from a risk perspective to Freo Authority CAZ would be the front runners to receive port access. I'd think at worse, CAZ will receive half the allocation.

F*ck Freo Authority are giving me the sh*ts just announce alocation already.