EXT 7.69% 1.2¢ excite technology services ltd

vindication, page-4

  1. 3,704 Posts.
    FW,

    I have always agreed that ultimately EXT holders will make the most money out of a JV with RIO as opposed to a takeover by RIO.

    I am in full agreement with you.

    I will ask this, is RIO in the habit of being a minority shareholder in any arrangement?

    I agree that a JV is better but I remain adamant that RIO will incrementally increase its control and a JV will require far more patience from us.

    The patient will always win.
 
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