IOH 0.00% 70.0¢ iron ore holdings limited

I am having trouble understanding why it would get bogged down...

  1. 215 Posts.
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    I am having trouble understanding why it would get bogged down though. Clive only has the rights to explore for minerals. The special liscence that IOH is applying for is designed for infrastructure. The only grounds that Clive could possibly have had is if it directly inhibits his capacity to develop a resource or explore on his ground. IOHs corridor does not affect other development plans. I fully expect a positive outcome for IOH with the worst case scenario being a large amount of sterilisation drilling along the corridor. Either way the road can be built.
    In reality we are all waiting for the financing partner to be announced and a timeline for development before the sp will take off. Port and road issues to be finalised before the completion of the feasability first.
 
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