Well in my experience, RIO would have to pay up, and there is no way management would agree to current prices as at the moment JDR can a market cap of $3 million.
RIO would have to pay minimum $30 million I would think, and that would be some 8 cents.
normally an on market takeover or could be cash and shares.
vVery interesting scenario we face, and I loved the way this is coming straight from the managements mouth.
drifta