Sound reasoning kacy. The critical determinant will be RIO's...

Sound reasoning kacy. The critical determinant will be RIO's reaction to the bid for their KAH shares. When it comes right down to it, RIO's TRUE INTENTIONS will be revealed for the first time ever once it's clear if they are sellers or keepers under this bid. In some ways it's their intentions (and always has been) that will I feel ultimately seal the destiny of EXT holders. Their reaction to this is the thing to watch people, even more than anything the Chinese have put on the table.

The most important thing that this bid has done, apart from showing other bidders the starting price, is that it will DRAW RIO OUT!