I don't think he would have resigned effective immediately if a...

I don't think he would have resigned effective immediately if a deal had not already been done.

Whatever the sale is it has already been agreed, hands have been shaken, and signatures have been signed.

You'd have to bet it is Korean or Japanese money, probably the former but we won't know until tomorrow at least.

What was the figure? I know they are keen on coal so there is a bit of leverage the Koreans/Japanese could have used.

The activity is heating up, the period of stasis is over, from here we are going to see a grapple for control.

There is no way RIO is going to allow end users to control such a strategic asset. They will become price takers rather than price makers, that will be unnacceptable.