help me with fmg market cap, page-47

trtkjd1, you failed to get even the essential element of the market cap correct. RIO is not capped at 60billon in case you are wondering.It is only the ASX component of RIO that you are quoting if you are suggesting that FMG is capped at half of RO's valuation. Remember RIO and BHP are both dual listed. In BHP case, it is even traded in NYSE.
RIO market's cap if you go by the ongoing bid by BHP is in fact ~150billion. Now does that put you head in a spine. I am sick of critics who failed to even get the fundamental premise of their argument right.
In the case of BHP, rightly a third of its market cap is from iron ore division and the rest you can work from it. It should also be pointed out to you that FMG has more land size in Pilbara that BHP and RIO combined.