i like the bit about no leak..., page-25

well people
I am a mining engineer and here is my theory.
The resource is mineable and certainly profitable for Rio, as they have the technology to do so.
Aus qust on their own will find it hard to market. Dont be surprised is other areas in the tomprice area have the same clay issues. Is actually a blessing in disguise as what it will mean is that the mining costs will be cheaper (due to shallow pit) and the washing cleaning will be higher (but overall teh costs will be lower). I have worked in the area and Not 100% sure, but a stand alone nearby operation will definetely help rio diversify their operating portfolio and will also help geting the ore out earlier and get it to the market on time.

I wonder I wonder if the namless reserve is already part of the RIO "blue life of mine plan"......I certainly think so.

I know we all took a hit, I bailed at 52 cents and got back in at 34, still holding 20,000 shares. I havent lost hope, I think there are more opps on this company but the timeing just got a bit longer, a better indication is going to come after the 28th......I think the directors are playing a smooth game here.....they will come through as people in shining armor ....and also get their opoopies real chaep (lol)