IOH
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0.00% 70.0¢ iron ore holdings limited

so will we ever mine, or simply develop & sell, page-20

  1. macssharesforfun
    2,987 Posts.
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    14/03/12
    17:34
    Post #: 9839138
    Doc,

    Whilst the idea of a private buyout is exciting, i tend to agree with you.

    Interesting note from fmg today -
    Fortescue Metals Group Ltd (FMG) and its relevant subsidiaries advise that it
    has launched a high yield bond offering for US$1,000 million of Senior Unsecured
    Notes in relation to the 155Mtpa Expansion and the acquisition of mobile mining fleet to
    support the 155Mtpa Expansion.

    Wonder what percentage of the mining fleet aquisition will be made via Westrac? We'll never know, but i bet KS will be involved, somehow.....

    Cheers,
    Mac


    Please dyor

    IOH Price at posting: $1.64 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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