Re: Rio, Mongolia reach deal to replace mine expansion plan, official says
Nolan has views about the quality of the deposit. When they threw in $50 million you have to believe Greggy had to go into the closet and show them every little bit and piece he knew.
We’re at the back of the bus but I’m thinking it’s headed in the correct direction.
And yes, we shouldn’t be here. We were supposed to be under the tree in ‘06. Maybe Rio had a different opinion about early payouts. RF would happily mine the markets, Rio needed to keep to their brand as a real miner. That may have required ongoing leverage until .... well .... right about now. Funk soul brother.
cg