if i were the md of rio., page-30

If Chalice thinks that it got a raw deal, why would it continue with another project in Eritrea? People tried to unravel the deal, but the fact is: the outcome for Chalice was exceptionally good.

Consider Phoenix Gold acquired Kintore for $800k for 559koz of gold.

source: http://www.proactiveinvestors.com.au/companies/news/28829/phoenix-gold-expands-strategic-foothold-in-kalgoorlie-goldfields-with-acquisition--28829.html

Chalice got $80m for 456koz (60% of 760k)of gold - sold to SFECO. Source is your article.

Forget about the intricate arrangements between ENAMCO and CHN, the outcome was exceptional for CHN.

One can examine the deal and try to understand it; or simply look at the bottom line; which is what really matters.