rio will seek to negotiate a joint venture, page-2

so no RIO TO at all!!!!

interesting development!!!!!!!!!!! now we will have rossing which is Iranian gov & RIO JV

!!!!!!!!!!!!!Jerome Mutumba, Rossing Uranium manager external affairs said Rossing Uranium board gave its nod to the acquisition of the 20.9 percent stake in February.

"In February this year the board of Rossing Uranium approved Rossing’s acquisition of 20 percent shares that belonged to the Rio Tinto group of companies ion Extract Resources, a company which owns the Rossing South deposit," Mutumba said.

http://www.southerntimesafrica.com/inside.aspx?sectid=1947&cat=8