I'm sure some of you already know but the rio/chinalco deal seems to be on a bit of a knifes edge at the moment.
It seems rio may yet opt for a capital raising instead or maybe some other form of lessening their huge debt.
I'm not sure what you folks out there think,but that would be a huge advantage for the likes of sdl if it stayed in australian control.Who knows,maybe bhp will get a slice of the rio action after all,and if so surely all eyes have got to be on africa.Its probably stating the obvious but if the likes of say china can source their ore off any proven/quality supplier outside the big three then things are looking even better.I know the topic has been brushed over a few times before so apologies for rambling,but lets
just wait and see shall we.
I'm revising my target date for potential partner/offtake etc at before june15.
Goodnight and goodluck.
Cheers.cb
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