huge re-rating coming !, page-37

Atlas port allocation is the crown jewel of the company.

Because of this, if Atlas (receiving an offer), it will almost certainly attract many counter-bidders.

Having mine and even rail is not much good if there isn't the means to get the ore to customers. At 46MTA, Atlas is in the big league when it comes to port allocation.

Dave Flanagan had the foresight to acquire AXO and FRS to beef that up.

What you say has been spoken about a lot (referring to BHP buying AGO rather than developing the outer harbour). For some reason I read this is actually not a preferred option for BHP.