@JandJ, could not agree more with you on the notion that management would even contemplate jv'ing salobo west before dropping the bit into the ground ... it is their only truly potentially co making project, imo ... to me it may indicate they think they need vale to progress this adequately through the regulatory processes and noting the icmbio is still well and truly calling the shots at salobo west for the last 18 months approx (assuming vale is one of the majors that has approached them - or the other way around) ... all above imo only
Ann: Chairman's Address to Shareholders, page-24
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