Yep Roy Hill only ships 30% of what FMG ship. Hardly a major as you say. If listed its mkt cap would be less than MIN given they are considerably geared. She will get more economics of scale at the port than FMG whose berth is not alongside NWI.
Much easier for Gina to mount a case with the govt than FMG but that is not to say FMG are out of the running.
AGO Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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