i think its fair to say that FMG would grind out a hard bargain...

i think its fair to say that FMG would grind out a hard bargain on this one. hard to see how AGO would raise 4 or 5 times its current market cap to buy a 30-40% minority share in fixed infrastructure. i can not see anyone lending so much cash, and then operating with FMG.... interesting majority partners. the rumours were that if Atlas were shiploading and an FMG boat came in Atlas had to go and park somewhere to wait.

someone buying FMG's port and rail would do it to generate revenue as a service provider, and the only potential group would be chinese but in this climate that seems less likely. the afr have put a strong fmg-bias on the story.

Have FMG left its divestment strategy too late.

loved the coverage of soloman opening on TV last night. they had so much dust suppression going on the fines stockpile it was like mud coming off the conveyor. nev power has just as much gift of the gab as twiggy.