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Bullboard - Stock Discussion Forum D/B/A Sibanye-Stillwater Limited American Depositary Shares (Each representing four) SBGL

Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates four underground and surface gold operations in South Africa: the Cooke, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities... see more

NYSE:SBGL - Post Discussion

D/B/A Sibanye-Stillwater Limited American Depositary Shares (Each representing four) > « ...“Net debt” represents borrowings and bank overdraft « 
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Post by GoldenPolarBear on Apr 25, 2018 9:34pm

« ...“Net debt” represents borrowings and bank overdraft « 

« ...“Net debt” represents borrowings and bank overdraft less cash and cash equivalents. Borrowings are only those borrowings that have recourse to Sibanye and therefore exclude the Burnstone Debt. Borrowings also exclude related-party loans. Net debt excludes Burnstone cash and cash equivalents... »

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https://thevault.exchange/?get_group_doc=245/1495015984-Sibanye_European%20Gold%20Forum_11am%205%20April%202017.pdf

https://www.miningweekly.com/article/successful-southgold-business-rescue-precedent-setting-lawyer-2014-07-03/rep_id:3650

Burnstone Ca$h ? Hmmm?
 
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