I believe rio can afford the 1 billion dollars for all of the shares at 1.00 each, probably 2.5 billion dollars worth of iron ore down there
simple isnt it
they did purchase 2 mines last week for 2.6 billion dollars and 892mt iron ore, so say 1.3 bill for 1/2 446 mt.
and fdl may have 400 mt..........so it is a ball park figure
cheers
FDL
flinders diamonds limited
