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From the...

  1. totallyunfit
    434 Posts.
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    20/11/09
    14:18
    Post #: 5941533
    From the website
    http://www.riotintosimandou.com/ENG/index.asp
    Simandou is a world-class iron ore exploration and mining project located in Guinea's Guinée Forestière and Haute Guinée regions. The project is in the final stages of feasibility studies. Rio Tinto is partnered with the International Finance Corporation, which holds a 5% stake in the Simandou project.

    They submitted feasibility study in dec 2008 after spending $500m.
    SDL Price at posting: 15.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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