Gee, I'd encourage everyone here to read the AFR article on Rio's appetite for an acquisition. Couple of key points:
- unlikely to be in the order of tens of $B's
- something embryonic (advanced development) that could leverage Rio's technical know-how
- chances are it's going to be in the americas and a name that is not well-known
- very similar to Rincon positioning
A lot of boxes being ticked here.
As a discussion starter: what do we consider correct weight ($ wise) for this point in our life cycle?
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