Seeking Alpha

Former SouthGobi Resources CEO Alexander Molyneux says his departure overnight from the...

Former SouthGobi Resources CEO Alexander Molyneux says his departure overnight from the Mongolia-focused coal miner was the final part of an expected succession plan that gained momentum once a proposed sale to Chalco (ACH) fell apart last week. The end of the bid accelerates a plan to fully replace SouthGobi's board with directors backed by Rio Tinto (RIO).
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Comments (1)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    I love RIO.

     

    Someday, I will make money owning the stock.

     

    For the time being, I get to read news that I don't understand.
    13 Sep 2012, 05:07 PM Reply Like
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