iron age sunset, page-31

Baukaw, why did China pay $2B (considered a fire sale as Rio was stripped of and about to be stripped of more tenements) for 45% of simandou (not producing and has a $20B capex). You tell me.

I suggest you sit back and watch it all unfold.

As I said from the beginning, a capital injection would be part of the asset sale package.

Let's just agree to disagree.

I appreciate what ninelives posted regarding his question.

China securing 100% of the asset is what I think is the most likely outcome and it will be finalized in Dec with decision and announcement made in November.

It not too far away now.