rio makes cash offer of c$4.15 ps for hathor, page-6

I am more pissed off with RIO constantly responding in an indifferent manner. All this time when the initial informal was made, they focused on their other energy add ons like coal assets and just when they have the opportunity to bid like what Albanese have previously responded to watch the U space, they went on to outbid Cameco. No wonder the market is not factoring a bid let alone a rival bidder. I can't see RIO putting their fingers in 2 pies at the same time.

I hate to think that all along they were working in the background for a JV rather than accumulating a strategic asset.