Just a thought, could a share swap with FMG work?The...

Just a thought, could a share swap with FMG work?

The calculations:
FMG SP $6.28 1 for 1 swap valuing IOH @ $879 mil ($6.28 x 140 mil shares).
Equates to $1.27/tonne of ore (quite reasonable)

The reasons:
FMG get to retain cash for their projects.
Not necessarily for the ore (they have enough).
IV is about 12 months ahead in development.
FMG gets Return On Investment sooner (for rail spur)
The Nyidinghu/IV ore body would produce more cost effective ore (no loss of ore due to boundary zones etc).
KS would get a nice chuck of FMG (maybe with some commercial arrangement with WesTrac).

Just my thoughts. interested in yours.

DYOR !!!