govt should take a stake in rio

  1. 738 Posts.
    Have been discussing with many people at work this question....rio need 20billion roughly to reduce gearing to pay off debt....

    the govt should negotiate to take a stake in rio instead of chinalco...can you imagine the saudis letting china inc take a stake in their oil fields??? the russians???

    the govt could take a stake and then sell it in say 5-10 years...guaranteed to make money on it, and would be in the best interests of this nation

    cheers everyone
 
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