Palmer may frustrate IOH takeover

By Staff Reporter

A land dispute between Clive Palmer’s Mineralogy and the WA government could create a roadblock to BC Iron’s planned $250 million takeover of the Kerry Stokes-backed Iron Ore Holdings, Fairfax Media reports.

Mineralogy owns land in Cape Preston near IOH’s proposed port and has reportedly refused to yield to state government demands to cede the land, with the WA government taking Mineralogy to arbitration over the matter. "The state informed me that a decision is imminent.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Read more here: Business Spectator


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