Post by
jclarke042 on Apr 11, 2023 11:39am
IMO
Nothing is happening here until the LATER of: final permitting guidelines are issued, or end of November. If Rio/MMC were working to lock up Casino right now, Rio wouldn't have bothered re-upping, right? There'd be little reason to.
Keeping their percentage share is nice, that it took the entire 10 business days to "decide" whether to send over $2m tells me they'll take every minute allowed on "deciding" whether to commit to becoming all or majority owner. Keep that in mind, whoever is out there wishing FCX or BHP gets their 2.5 year test run.
Comment by
Sooner on Apr 11, 2023 4:08pm
Most likely it took the full 10 days because it would take Rio 9 days to find the exit in a burning building --even with flashing exit signs. I don't take them for a nimble quick to move org at ANYTHING they do...
Comment by
GardenManman on Apr 12, 2023 6:58pm
A seasoned Manger of large company should make decision at the deadline even he already had answer at the first day, thus he can avoid wrong decison.
Comment by
GardenManman on Apr 12, 2023 7:00pm
Good and quick decision can't help him to get more, but quick and wrong decison can ruine his career.