IOH iron ore holdings limited

ioh sp to explode just a matter of time

  1. 10,494 Posts.
    Considering the imminent mining of Iron Vally and the anticipated cash flow (Minres is almost certain to strike some kind of deal with FMG for haulage - Minres in fact mines Christmas Creek for FMG as I just realized).

    Buckland Bungaroo looks like maybe a year further down the track but progressing well may be funded by Iron Valley cash and JV partner.

    Who would have thought coastal magnetite would be a great source of $$$ in haematite rich Pilbara. Look likes FMG Iron Bridge, AGO Ridley and IOH Maitland River are in that category.

    Maitland (once JV partnership is established - IOH has a great track record of offloading the risk and deveopment cost off our books) could be another good source of income.

    IOH will be a damn good yield stock that's for sure and the SP to reflect that.

    Given BCI (a cash cow growing exponentailly) has been talking about about Pilbara acquisitions, I wonder if these 2 great companies could one day end up in some sort of tie-up.



 
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