EXT excite technology services ltd

Umm .. RIO & China are great mates ?? , not so long ago China...

  1. 7,544 Posts.
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    Umm .. RIO & China are great mates ?? , not so long ago China was locking up RIO exec's, which RIO said was fine but I wonder what they really thought !! Looks like a bit of a reverse play in the BAN case.

    http://www.nytimes.com/2011/06/16/world/asia/16riotinto.html

    http://www.thestar.com/business/article/787303--china-targets-rio-tinto-in-selective-prosecution

    If Rio is in bed with cgnpc on this one, they deserve everything they will eventually get (shafted to borrow Harlee's phrase - & maybe a few of them jailed in China if they don't tow the Chinese line)

    Money talks, so maybe they are willing to take the risk & in the 2 timing, 2 faced no holds barred world of business maybe they have done a deal with them.

    However EXT is a ripe low hanging plum (mining license in place & resource upgrade on the way) & if there is not a fight for it, I will eat my hat while you are all drinking expensive booze at your after match party :-)

    Lots of water to flow under the bridge yet.

 
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