rio tinto thinking of making a play , page-17

l think many of us would love to see RIO involved with EXT.....BUT, with mine and others experience that we had some months ago with Ausquest and Rio....l am not sure we can count on that.

Though AQD grades were not what anybody wanted, there was an opportunity for the Iron Ore to be washed just a few kms down the road l believe?. Even with close ties to BHP/RIO management..RIO still snubbed AQD. (just abbrieviating the story)

In saying that though, if EXT can deliver well anything is possible....l for one though will not be holding my breathe, RIO l think can be ruthless when they want to.

l have noticed that when KAH SP rises.....EXT once upon a time would pretty well follow, that doesn`t happen anymore. Now with the changes to the partnership, KAH is on an uptrend and must be close to it highs, l believe KAH holders know they are now on a better deal than before.