central hub assets potentially up for sale, page-2

Interesting thats its a CONFIDENTIAL process.

Easier to talk to RIO and a good way NOT to loose face in any unacceptable/failed deal.

208Mt if all sold could realise $416 million (cant see them selling for less that $2/t).

Nice way to start IV etc.

But if they are looking to off load the satellite deposits, what of the other 8 soon to be drilled. I guess they just want some cash to get going.

I would hope that the type/size of the resource would get other IO juniors excited, not sure about the big 3.

I just hope something turns around the SP. I took my rights (to support the company) and now I feel really foolish (hindsight is a great things). Ah, the the share market for you.