EXT excite technology services ltd

Wheres the money coming from, with RIO in debt up to their...

  1. 1,134 Posts.
    Wheres the money coming from, with RIO in debt up to their eyeballs...lol

    The longer the FIRB take the more likely the Chinalco deal will be hit on the head, RIO have already hinted of a $11 billion dollar capital raising to pay down their debt that's due in Oct/Nov this year.

    Maybe they can conduct a JV and put the project on hold for a year or so, until they pay back their debt requirements.
 
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