Scoota30
Regular
IMO if RIO were to take over as a deal with the DRC Gov I would not be surprised to see a minority stake to China (Not Zijin).If we are to believe China has Felix on it's payroll ,what's the realistic chances of China allowing RIO to take over Roche Dure ? Serious question .
However, the longer this all takes and the further we continue to press with ICSID my view is China's strength at the negotiating table continues to erode.
If Felix wanted to please his Chinese masters I would have thought he would want a resolution sooner rather than later (like 6 months ago lol) but it will get to a point when the cat is so far out of the bag that he has no choice - whether that time is already upon him or if it is not far away I have no idea.
Would be nice to get another "Arbitration update" announcement with the next dates for all of the cases, not that it will change anything but it would give all shareholders at least something to be waiting for. The way things are going though, the next AGM if it even happens is closer to happening that it has been since the last one.