RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ESESorry to say, if Rio does not buy out WRN by Nov 28th and some how is allowed
to own more the 10% then WRN will become dead in the market,,, a .60 stock !
When a little company like WRN owns a property that cost $3 to $4 B $$ to build a mine,, and with only a hand full of companies that could takes on this financial /engineering task, this would leave WRN with nothing but being controlled by Rio for a song ! IMO Why would Rio be generous to WRN shareholders, they would have us by the Soccer Balls !
All Paul has now is a hope Rio makes a buyout offer by Nov28th or someone comes who has singed a CA is interested and makes an offer. After a shark like Rio takes a bite over 10% it’s finished for us ! IMO
A low grade ore body way up in no man's land where there is no real infrastructure costing $3 to $4 B $$ is a hard sell in this market. IMHO
M2