RE: Rossing SouthUB, done. OK, in future I won't ask but I will of course let them know where it has come from.
It all makes sense. RIO have an existing processing facility, after acquisition what else do you need except some tracks and some trolleys. Before you know it, you are processing from these new deposits only a few kms away.
How much money would that save RIO compared to having to set up a new plant somewhere else, plus the time lost, what's that worth to them? I think a new plant is somewhere in the hundreds of millions whereas tracks and trolleys are at most a couple of mill.
They may have to fork out a few bucks to EXT holders but when you look at the overall picture this is tailor made for RIO. Not saying it will happen, just saying I'd be very surprised if they weren't at least having a look at it.
Personally, I would be very pleased for such discussions to take place. If the next results are anywhere near the quality of GD012, even half as good, then I think we will have fireworks.
The only downside will be that the jealousy factor will go stratospheric with some of your mates here on Stockhouse.