Where are we heading on this one..., page-8

What I find most exciting here is the process rio have gone through to choose to farm into the lease. The technology they have to analyse old drill cores and gain confidence over likelihood that something big exists and where to drill to find it... Is fascinating. It's a science and the have good reasons for thinking this project fits their needs re a potential large project of the future for them. I'm still surprised (despite the placement situation) that a rio show of confidence like this hasn't seen a much bigger rerate. You only have to read up a little to see the risk reward play on this one is insanely good.