No one knows what he is really thinking. He announced a blocking...

No one knows what he is really thinking. He announced a blocking stake only, which shows he’s not entirely sure how much ago is worth to him. He’s definitely not buying it for the ore, so how much value is the port capacity worth? Maybe he was prepared to pay 5cps but Gina jumps out of nowhere to give him a massive wedgie. So he’s prob weighing up now if he’s prepared to offer more than 5cps of lunch money to Gina.

Until they start producing ore at 60% FMG is going to have its own SP struggles. Acquiring AGO is not going to help FMG SP in the short term either. I still think there is a strong chance this ends up at 5cps, but Gina ends up the winner. If you believe in the fmg story you can take Gina’s money to buy fmg.