I posted the following info on the RLC thread. RLC have a tenement package to rival MAU's and have just secured a JV with Cliffs. There is a good chance they have been, or will be, looking at MAU. Just passing it on. I dont hold MAU.
I posted a hint about RLC's other asstes the other day. I didn't intend to follow up on it so soon but due to their announcement today regarding the Cliffs JV I thought I might as well post the info. The other company I was referring to with similar assets was MAU with their iron ore assets in the South West. They generally have a market cap of around 10x RLC. This new JV for RLC make the comparison a little less direct.
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