No doubt your looking to the future as to where to safely park the proceeds from a possible buy out t/o J/V or what ever. As most long termers are probably thinking the same thing.
RIO is not that healthy now as I see them
The thing with rio is will they go up or down ??
Big debt, plus diluted share base after cap raise.
No sure thing about divies going forward.
Will contracts be renewed at same tonnage/yr ! or less
China now going around the world looking for smaller IO start up co's and other smaller mining co's
Be intersting to see if/ and how, chinese side with rio in the EXT deal, especially with this current saga with rio rep being held for questioning in china.
Also I believe they need to put the razor through the rio top management, they made some major suff ups over the last few yrs.
Any way there just some thoughts I've had about rio over the last few yrs.
By far, management has been their biggest dowm fall IMHO.
EXT Price at posting:
$6.90 Sentiment: LT Buy Disclosure: Held
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