Good points to bring up, no doubt.
At present day FMG is now in a position to take on the competition. Very recently, FMG'S MC surpassed the big 4 banks in Australia, and is a regular top 10 ASX company. You can see Twiggy's been at the forefront of recent M&A action, going into bidding wars with BHP & IGO, and coming out on-top in out-bidding BHP, although it was through his Wyloo Investment vehicle, not FMG directly.
A new district scale copper/gold operation in WA would be the kind of operation he could take on, and bring to development in a prompt & realistic timeframe.
But yeah, just to clarify, I'm not blindly stating that a T/O from Twiggy would be good for AZY'S MC, but it would bring a lot of attention and increased value
Break out happening, page-398
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Mkt cap ! $56.52M | |||
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