GREY:RIOAF - Post by User
Comment by
eebleron Dec 15, 2011 9:01am
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Post# 19324408
RE: RIO sale off?
RE: RIO sale off?A recent interview with rep of Goldfields highlighted the fact that their business model is based on organic growth. They don't rule out acquisition but they believe they can find it and bring to production cheaper than they can by buying it. Any rumours about Goldfields being interested might have died with that article. As for acquisition, if you watch the BNN clip with the CEO of RIO, he says there is always interest in selling if the price is right, and right now the pricetag is very high. Sounds like they want to build it up to increase value before considering possible sale.
eebler