AZS RIO

At date of execution of JV, Rio will credit the Azure JV account...

  1. gtv
    732 Posts.
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    18/08/14
    15:29
    Post #: 13833771
    At date of execution of JV, Rio will credit the Azure JV account with approx $50m. This means that Azure will not need to spend any more funds on the project untill the $50m is exhausted ie basically give Azure a free ride...
    RIO Price at posting: $65.37 Sentiment: None Disclosure: Unspecified
    AZS Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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