it's now or never!

RIO's Board needs to move,the stock is looking for a positive announcement on the roll over of the 2009 $9 Billion interest payment.
$65 Billion is not a small amount to pay can you imagine how long this amount would take to repay?
Lets say, we repay the debt in 10 years.
Now you may get the challenge RIO faces,
$9 Bill interest 6 Bill Capital repayment equals $15 Bill per annum.
In a good year RIO can make $11 billion,if the commodities markets is down 40% let's assume RIO's 2009/10 profit at $5.5 Billion.
For the board memebers of RIO, it's now or never,Rio needs to raise capital.At least $25 Billion.
We're in a liquidity crisis and unless the placement is priced at a deep discount it will not be underwritten.

Moved from the "London" forum. Original message number: 353