Article in The West Australian this morning on IOH saying that...

Article in The West Australian this morning on IOH saying that the banks are prepared to stump up half of the required funding (approx $400 mill)and speculating that Stokes's Seven Group or Mineral Resources Ltd may do the rest.
This is obviously a major opportunity for Stokes to consider his strategy with the Seven Group and decide whether he wants IOH to be brought into the group. He has talked about wanting a Wesfarmers-like conglomerate and this may be his opportunity.
Next 6 months should be very interesting.