When the mining journos write about the 3000tpa $1.175 Billion dollar Rincon Rio start up project (purchase price $850m + the claimed $350m Rio said they will put into it), doesn't it make you feel all warm and fuzzy that the images they use look so familiar? And it's of a 12000 tpa project with a near completed 3000 tpa production facility all for a laughable $176m. AGY would be bought out if it wasn't for PUNA owning a big chunk of it. The intention of this arrangement 77.5 / 22.5% is so they CAN'T be bought out! 5am here in Morogoro waiting for our pick up and off to Mikumi National Park. GLTAH
Li-related News/Articles/Reports, page-7923
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