Ravo 2.1% grade oh yeah right (not doubting you). No way they would of shutdown on a grade like that for laterite, absolutely no way. Murrin has grade way lower and is doing nicely.
Murrin have couple hundred mill in bank. Not sure if Glencore would approve spending their divvy money on Ravo.
Maybe and just maybe Minara go alone and spin off new co?
Who knows but depends what BHP Billiton want for it, part share?
Many options I suspose available to contenders.
MRE Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
