hawkse, $500m cash already, plus maybe $250m cash from Vale for...

hawkse, $500m cash already, plus maybe $250m cash from Vale for Belvedere. Read Waz's post on the Belvedere situation: post 8354530.

The government has been saying they don't want any company dominating Anketell, and that companies should put aside differences and act less competitively re Anketell. Thee best situation would be for AQA and FMG to join forces and have a third party construct (this is what the government wants- the third party for construction). Two strong personalities with Mr Poli and Mr Forrest- they just need to sort it.

AQA did rise around 55% in the past few weeks. Now it is falling- but still not as far as it has risen. I imagine with AQA's latest ANN, they are sorting finances- not necessarily capitulating.