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
BIG Price at posting:
3.3¢ Sentiment: LT Buy Disclosure: Held