Re my above post, I've just been reading some AFR stuff on FMG,...

Re my above post, I've just been reading some AFR stuff on FMG, and what some are calling "Twiggy's land grab" or "tenement parking" or "highly controversial land pegging that locks out competitors"(for AFR members or take a free trial):

http://tools.afr.com/viewer.aspx?ATL://edf8af76-592f-11e1-b0d8-2b6210ad9aee§ion=tools

http://tools.afr.com/viewer.aspx?ATL://85a2f64c-9b11-11e1-96a5-7ddcf5e40b20§ion=tools
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So, the government has been leaning towards AQA on Anketell, and I am wondering if there will be some focus on "corporate citizenry" in this regard. If AQA is willing to "share", then it may get the prize. AQA is ambitious, but it still needs these asset sales.

It also seems, from the Macquarie analyst recommendation, that AQA will be receiving $50m from an insurance claim.

A question on Belvedere: Macquarie has noted the valuation conflict, and it being resolved in AQA's favour. Macquarie attribute $185m value on Belvedere, which is between AQA's and Vale's valuations. An independent valuer will decide:

http://www.macquarie.com.au/dafiles/Internet/mgl/au/apps/retail-newsletter/docs/2012-06/AQA180612e.pdf

The Macquarie doc seems to say once this independent valuation occurs, Belvedere will be sold- my question is, is there some kind of automatic trigger for Vale to have to then buy the asset, or will it just be another AQA asset for sale?