Re: Slight of hand ?
I agree, I think Rio put this statement out... “to conduct a near-term review of its alternatives regarding the Project, including its potential exit.” as a last-ditch effort to push STAR to agree to a low ball offer... at our expense!
I would say let’s just ignore the RIO PUMPERS in here and find any way to boot RIO’s sorry ass down the road!!!
Honestly... RIO can probably put this on the back burner for a little while (considering the worlds current economic situation) but I don’t believe they can out-wait us... this will be a giant cash-cow for them, We all know that! They’ve already spent a tidy sum considering what they would have to lay out to begin another diamond project if they want to stay in diamonds... and if they don’t have diamonds to sell people will just buy them somewhere else... and where might that be? There’s a mine in Canada that’s ALMOST turn-key available for a FAIR price!
Oh, and anyone in the mining business that may be interested in diamonds surely NOW knows how RIO treats its juniors, there have been enough examples of that, so I believe any new suitor would be sincere with STAR and, our diamonds aren’t going anywhere so if they’re considering just giving them away for pennies We might as well just sit on them for now!
Uncle Jed