Sentia,
I agree, the market has not got its head around this one yet. It will be a longer term thing to get a clear picture of, but has massive potential.
I first researched El Mutun a year or so ago when it was mentioned here and there.
It IS, reportedly, the world;s biggest IO deposit, ie the 40 billion tonnes noted. Jindal have rights to half of it- if they do the right thing!
Try doing some sums on the potential value of the half that's left and you will need a big screen calculator, and a long time to get your head around it.
As I noted earlier, it is an excellent move by rau imho
Cheers
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Sentia,I agree, the market has not got its head around this one...
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