Orewealth puts a pretty good point. Although the call has been for an FMG/AQA JV there is nothing precluding some other JV from being the one to succeed (leaving money aside that is - but if AQA were looking to go it alone then any extras would only help).
Hints and drip feeding of information/innuendo out of and concerning IOH all add up (in my mind) to a well crafted big picture developing. Will IOH be invited to become part of an iron ore alliance?
IOH Price at posting:
$1.72 Sentiment: LT Buy Disclosure: Not Held