IOH
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0.00% 70.0¢ iron ore holdings limited

I don't think Baosteel will put in an offer because of their...

  1. badinvest
    500 Posts.
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    31/08/14
    09:37
    Post #: 13900636
    I don't think Baosteel will put in an offer because of their synergy with Bucklands. IMHO it's not as important to them as it is to IOH. Their stage 1 area of Cardo etc gives them plenty of resource and it is a good product. The intended railway for this is still a good 30 km from Bucklands. I think they will take a wait and see approach to BC iron developing Bucklands.
    IOH Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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