I agree AQA is MOST likely to be the one and NOT AGO or FMG. Leave my AGO alone until a major re-rating after a deal is announced with QRN.
The West Pilbara project between AQA and AMCI will give Vale Anketell port allocation, 385km rail and 30MTA.
If you look at the AQA share price (having been manipulated downward for many months), I wouldn't be surprised of a takeover may be announced in weeks.
When Vale talks about acquiring a mine, it can't be anywhere other than the Pilbara. My bet would be AQA.
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