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KC & MSFU r probably right - however it may suit KAH & Dattels...

  1. DaLatta
    1,164 Posts.
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    07/02/10
    14:02
    Post #: 6298661
    KC & MSF

    U r probably right - however it may suit KAH & Dattels to approve a 15% equity + offtake deal which would effectively immediately crystalise an EXT value 2-3 times the current market cap.

    Rothchilds recommended proposal will likely be put before the board soon after the 18/3 deadline. And given that RIO's board representation is only 1 of 6 directors they may not be able to influence the final outcome?

    EXT Price at posting: $7.30 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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