it's a no brainer, why would Rio not take them out and extended the life of the mine and all the infrastructure already in place.
I agree, ideally Rio would want to wait until IO is at a low to make a low ball offer but it's not looking like that will happen anytime soon so the will have to come to the table.
CZR Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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