RE:RE:RE:RE:RE:RE:RE:Mongolians dependence on OTPentwater must make some disclosure of its portfolio holdings, but not cash positions. In terms of materiality they have somewhere between $9 and $20 billion in market capitalization - so, the swing amount on the TRQ disposition is not particularly significant to them.
Who knows, maybe Rio just settled on a number with them already.
As for ETG, there is no saying when Rio might decide buying out ETG either directly or though OTLLC is a smart move. The old saying is, for the right price anything will sell. Our problem is most likely our view of the right price and Rio's don't overlap! Yet.
cg