As long as RIO don't get 50%, small shareholders will be okay....

As long as RIO don't get 50%, small shareholders will be okay. This depends on whether the big boys ( Indians and Passport) want to take their money and run or form a blocking stake.

I don't see how shareholders can make a rational decision without RIV releasing current details on various strategic and operational issues like the WISCO intended stake and the Zambesi barging feasibility.

Also note that Xstrata are out of the running as they are said to making a $8 billion bid for another coal miner.