I have no idea but if I were investing now I would look at the...

I have no idea but if I were investing now I would look at the risks and potential rewards, weigh up what I thought the chances of a positive outcome were and then invest accordingly keeping a portfolio limit.

I have been attacked for being conservative but to my mind the first rule of investing is risk management not jumping on the bandwagon.

I never touched FMG because I thought they would go broke, I was wrong they did a fantastic job of cost reduction and spit out good profits. However in my opinion you don't have to pick every winner as long as you reduce the losers. Atlas was always a high risk high reward stock and at the speculative end of my investments.

Personally I think Hancock have a plan for the port allocation , much of the rest may be mothballed until such a time as it is viable. That is only an theory , they have time and money to wait. DYOR.