IOH 0.00% 70.0¢ iron ore holdings limited

location, location, location, page-3

  1. 733 Posts.
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    Good points RH.
    The June presentation by IOH gives the impression that Maitland will be 300-350million tonnes and that the TOTAL inventory will get to 1 billion tonnes. Whereas Foster report suggests the deposit itself could be 1b tonnes. Perhaps Foster has just jumped the gun on this and mis-read/quoted the report by thinking Maitland will be 1b tonnes.
    The better (but scarier in terms of fair sharing of information to the market) outcome for IOH will be that it actually IS a 1b tonne + deposit, but time will only tell.
    If it is then serious revaluation cometh our way...!

    Now it has to be news time soon, surely....? So much to be revealed in this 3rd quarter.
 
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