Rio is short of funds due to falling metal prices and debtTHIS MAY BE THE REASON THAT RIO HAS NOT STEPPED UP TO THE plate TO COMPLETE THE DEAL WITH SHORE GOLD.
Jan. 27/16 Story in the Northern Miner.
Moody!s puts 55 miners on review for downgrade, and Rio is on the list. A downgrade would cost them more to borrow money.
My opinion only.
COBRE