its all relevant westcott but extremely highly unlikely....RIO TINTO election....but anything is possible and it would have a direct bearing on non-Australian IO assets....i'm tipping that Chinalco will get 14.99% of RIO and none of Hammersly Iron
Belinga and its not POSCO its CMEC...big differnce I know....you got me there. So POSCO is in the mix then....I don't know what projects they have elsewhere but again....why wouldn't they just go on market and buy it....and if they took a placement....that would be a lot of shares on issue
Re the press artciles.... According to "the press" the Chinese were buying up BHP last year...
And the bit about the Chinese wanting to fund the whole project on the cameron govt website could be a quite reminder that SDL needs to make it happen or they'll pull the rug from under their feet.....
please note I don'y hold this at AM as incorrectly stated earlier
SDL Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held