just like the cr@ppy investment in aluminium way back, their decision to divest coal assets will mark yet another cr@ppy decision by those overpaid execs.
i know i know, coal is old yadda yadda yadda, but i want to reflect back on this in another 10 years time, and see where we stand.
rio rio rio, my my my
no wonder the buyers of their coal assets were happy to pay top dollar because they know just how valuable that black stuff in the ground is, and will continue to be well into the future.
watching this space with extreme interest, as in the short term i think they will see benefits, but the long term consequences will far outweigh this.
IMO.
RIO Price at posting:
$73.61 Sentiment: None Disclosure: Not Held
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