You are right it doesn’t need second rate assets and any...

You are right it doesn’t need second rate assets and any potential. It is a multi billion dollar company with all the ore it needs for several lifetimes and to be meaningful they need billions of revenue not 100m or so based on “potential”

To be honest you are lucky you have the port allocation (still debateable) there as the rest of the assets imo are build around maybe. A lot of what u spruik is on potential. Fmg isn’t an exploration company and they certainly wouldn’t pay 400m on a punt.

Go have a look at the map of the Pilbara who owns what and Fmg doesn’t need any more and certainly doesn’t need any more ore.

So with all due respect be thankful that Gina has deep pockets and is paying what she is paying for it and stop trying to sell a dream that simply isn’t happening.

There is more chance of Gina taking a stake in Fmg than Fmg going to war with her and paying 400-500m to buy second rate assets and dilute shareholders. (Especially when stock is on less than 5 Times cashflow)