FMG 1.91% $21.62 fortescue ltd

well guys i am sought of thinking that if bhp cant get approval...

  1. 960 Posts.
    well guys i am sought of thinking that if bhp cant get approval to make a bid for rio (re ACCand the european authorities)then where will they look next?,where will they get cost synergies,control of huge iron ore resources and tenements(fmg has huge areas of WA pegged tens of thousands of sq kms,much moare than rio and bhp combined)and control of port,rail infrastructure,etc well CVRD couldn't do a deal with Xstrata because of Glencore marketing issues,so xstrata is out, IMHO the next best alternative for bhp is FMG !!!it just makes so much sense ,any thoughts on this matter guys??
 
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