Yeah cool, so that's why I said it will be an interesting story to follow. You're judging them based on a failed project over 17 years ago... and using that as a base line to imply they're not going to succeed or become bigger than AGY at their Rincon lithium project.
Your whole point is illogical, as your go-to argument for me saying that I'm sure they've done their due diligence, is that "big companies can fail too".
"Ps. Why were they “out” by over $100M (iirc) on their estimate to get their 3ktpa Rincon plant going?Surely their experts and bean-counters had all their “due diligence” and “plans” in place and couldn’t possibly have been “off” by that much…?"
No idea mate, did they say they were "out" by over $100m? According to their annual report they came under guidance by $100m. Also this figure I believe is over multiple projects - can you provide your source to where they specifically gave figures for their Rincon plant?
But I digress, the same could be said with AGY, why are they out by millions (and likely requiring millions more) to get the 2ktpa running? Let me guess, this question only applies to RIO, but not AGY.
"pps. Eagerly awaiting the links to their monthly updates….?"
Monthly update for what? They have 62 ongoing projects over 35 countries. As far as I can see they don't (nor would it be viable to) give regular updates on each individual project. They're the 2nd largest mining company in the world. Not a tiny backyard operation who needs to release regular updates to keep their shareholders on the line and at bay.
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