HUN paid $40m RIO's Altai Nuurs. 46,000 hectares, 250-500mt exploration target, 20,000m drilling done and testing showed coking coal. RIO sold it because they didn't like the margins trucking the coal to the border 250km away.
$40m dollars
ROB's is a postage stamp, no real drilling, little coal testing, no exploration target, and an extra 50km from the border
and, from today's ASX query
"As a consequence of the Boards’ decision to exercise the Option, the Board has commenced seeking to identify suitable additional Board members with specific expertise in the resource sector."
Isn't it normally the geo/mining talent vending project in, not broking talent buying it, then looking for someone who knows what they're doing
I just don't get it
ROB Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held