time for reflection i think, page-40

the only thing obvious to me exfiles is that you don't have much of an idea of how these borderline companies are played - obviously if Teck actually sign up then the sp will benefit, but IMO only marginally at which point many will bail out - after all, even assuming there is something of substance at Myrtle? what do RXL have left? 12% to RIO, 70% to Teck - work out what's left mate - not much for RXL anyway they'll be somewhere in the wilderness 250km from the nearest decent transport looking for Jiffy bags to put their phosphate in..... LOL