Don't expect to get any update on the RIo JV anytime soon. I...

Don't expect to get any update on the RIo JV anytime soon. I don't know the details of the agreement signed with Rio, but i really hope there was some sort of clause forcing Rio to give RDN quarterly updates on progress. GIving the control of on-ground activities to Rio was a mistake, as RDN shareholders are left in the dark. Rio will do things at twice the price, half the pace, withhold information and do whatever is in thier best interests (not RDN).

You just have to look at how Rio are behaving in the Paterson with Winyu. Its a bit embarrassing really for them, desperately trying to keep it quiet, believing they have some sort of  "intellectual advantage" over other companies.