RE:RE:Rio finalizes deal w Turquoise HillMetalMinded, and I would expect RT is in no hurry to negotiate an offer on Casino yet.
IMO, their only priority would be to extend the Agreement for another year at the end of Nov, and then RT will continue to let the market prices for precious metals pullback much lower, than where prices are at presently. I would be surprised if they initiate any negotiatione prior to end of Nov.
No rush either to release the long awaited metallurical sample results particular if they are strongly positive. Why wake-up other Major sleeping giants to initiate potential competition for Casino?
I still am a believer Newmont will be the knight in shining armour for the Casino gold.
WRN will initiate the permitting process start of Q2-23 as they have funding through to the end of Q4-23 and RT is going to ride the high inflation and recession wave to the bitter end before they make a any offer for Casino. Just my business point of view on RT's part - why be in a hurry?
Blue.