AVZ Top 20, page-537

Just to correct.
I did a summary analysis back in 2015. At that time, FMG was running at a loss as their break even point is around USD$39/dmt for iron ore price, and their net debt was $7.2b, at that time, it was not no brainer, still very risky (high risk with high return), institutions were all doomed about iron ore outlook, put price target 60c - $1.60 for FMG.

Nothing is identical, but there're always some similarities depending on each interpretation, imo.