Not sure why Rio would give up this project...?
Non-core now that Rio has got its hands on a much larger deposit in Mozambique...?
Over 550km away from rail...and trucking over 250km?
Even with potential production via trucking, I don't see much cashflow coming in near term.
Market cap looks a bit rich at $360m (242m shares at current price of 1.49, even with $68m cash ($45m after 1st stage cash payment)
