option exercise rio, page-2

hear hear.....

And the math looks good too, but, would have thought by now GRR would have had something new to convince them with.
Lots of talk though....!

Perhaps this, perhaps that, perhaps its even Sojitz vs Rio with Qasco(Qatar steel) now on the blower making the others a little hot under the collar. (What luck, who would do business in unstable Africa over AUSTRALIA anyway?)

If only, I was a fly on the wall.
But a fly wouldn't live long enough to see the 28/9 anyway. (lucky bugger, unless he heard great news and that would be most frustrating for a fly)

7.66 million in the bank. Well that was at 30/6/08 and Grange was to spend (how much) an unusual 6.33 million of that in this quarter. Now, why would Grange spend almost all their cash if they didn't "know" if there was going to be more?

Anyway, it will be RIO's mistake if they didn't exercise!
Who else is producing DR pellets!