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Erel,

Rio is perhaps consolidating their copper investment in Mongolia perhaps so they are looking into shuffling some assets.

It does not mean that they don't want copper investment. Plus, PNA mines are in Laos which is a lower cost base than what you would have in Australia.

Do you have any production and cash costs on this mines ? If China buys the mine site that means, it is looking for long term interest (chinese always look at long term) of its supplies or a diversification of its asset base outside China.

We do hope the copper market will recover.

superox