I might have this a tad wrong, but AQD gets, 1mill up front, 9...

I might have this a tad wrong, but AQD gets, 1mill up front, 9 mill in a year, and (I think) 40% of takings by rio. So if RIO pull 100 mill out of the grand in a Year, they get a further 40 mill.

I'm pretty sure that's right, I'll check tonight if there's any queries.

Also, like already mentioned AQD currently have a JV with RIO and a few others, but the bigger picture is the company, not only have they got all the right staff wking for them, they have all the right R+D and are now in the implementation stage of so many different mining activities.

IMO IOH is a fish and AQD is a shark.