RIO are just stoopid Moon. Anyway they have about 170K CMR shares for their royalty ........ all done before our value -adding horsetrading methinks. It wont matter to RIO any way if they have to bid a coupla billion cigarette cash later for "RUM" to keep their son ERA supplied if Jabiluka aint allowed to materialise. Bureaucracies like unle take a LONG time to make any corporate decision and they usually dont look at anything until it is a mature producer. I remember meeting one of their corporate guys at a Melb mining Club meet last year and "tipped" him CMR ...... his response was "who?" I said the company u gave away Browns to .......and his response was "Browns?" So I had to fill him in on the Rum Jungle Uranium Field and its historical significance to Conzinc Riotinto ....... and he said "who?" Give me a break Moon. I aint kidding about this story either.
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RIO are just stoopid Moon. Anyway they have about 170K CMR...
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