I hear both sides of the argument here but I think the IO price...

I hear both sides of the argument here but I think the IO price dropping isn’t going to be a problem either way because I doubt either Anglo or MGU live in a dreamland where they didn’t take into account all time high IO prices were going to correct. For me also IO price based on 62% FE isn’t what we’ve got here. The fact MGU has a potential for a Green option is the reason I’m here. They are on America soil, 100km from Tesla, you’ve got America passing a bill to go green and aggressively. For me it’s a no brainer Anglo want this deal, and I’d imagine buyers are going to start rolling in wanting the grade they have in the soil. Huge spending on infrastructure will only help increase demand. Furthermore anyone buying IO will be looking for omissions credits and buying from MGU could do that. I actually think at this point while the SP is down we might see someone come in to buy the whole mine from MGU at a premium