RIO, like all other big Mining Companies, only concentarte on "elephant Project" and any other thing less that, they are not interested. Rio terminated mining as they did not get the huge carats per ton wanted and that further explorations did not come out with much resources that overall it is not big for them. But it would be big for other junior mining companies
As mentioned, GJ is an astute miner and considering his old age now and not much wealth left, he has to approach new projects with great caution plus he will have not many years left to have have do anymore "Greenfield Discoveries". Thus. NAD is the so-called "perfect project" with good average grade of 0.50 carat and to further find more diamond pipelines - IMO the diamonds are there but WHERE ?
IMO - DYOR
AoA
NAD Price at posting:
5.6¢ Sentiment: None Disclosure: Held