le
"This is best for us"
another point of view as to best for us
us being share holders in ext
my view of best for us
is that rio joins ext as a partner in the leases, eg a joint venture partner of some kind
ext has then access to rios tech people and equipment from hole drilling, all the way through to milling and with luck marketing the final product
this would then save ext calling for money, equipment AND staff
then the share holders would be able to expect a div., sooner than later
and with all the time a increasing share price
and free-up ext's great geo staff to work on other leases that ext hold in the area
OR
they rio could just be investing, expecting bhp to come in with a counter offer/share holding or even pdn, as JB has stated recently, its time to take-over or be taken over.
remembering that dyl leases join the south western boarders of EXT's lease.
A great time for dreamers and dreams, is today
fw
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