OT Update: Rio Tinto Has Received ExtensionsFrom Marketwire: "
Rio Tinto has received extensions to the commitment letters from the 15 commercial banks that now expire on March 31, 2014." It's good to see that RT and the banks are sticking with the project for now. Another plus is RT exchanging TRQ debt for equity thru the Rights Offering. What's not so good is putting the squeeze on the small investor. IMO