RE: RE: RE: RE: Deal or No Deal I believe that a lot of the issues you brought up are non-issues because of South Africa's Waterpan Mining Consortium is a joint partner.
- Remember the political climate in SA right now, it's very nationalistic, they want to maintain control over resources, and having a South African company, even as a joint partner, will be looked upon much more favorably by the government and related parties than an Australian company solely owning EZ. I don't think we will see any opposition from SA groups.
- If the new bid is accepted, the whole asset sale contract must be rewritten, back to the drawing board as it were. So we very well could keep MWS and just sell EZ - we need somewhere between 100M and 200M for this to work though.
- Your absolutely right about management, I have a feeling we are going to get B.S. about the bid not being legitmate blah blah blah. But, the South Africa Competition Tribunal will not approve the sale if their is a better bid from a South Africa company out there. I promise you that - S.A. in general has gotten incredibly nationalistic. So this sale has gotten extremely complicated, to our benefit. Gold One will be hard pressed to outbid the new big player on the block, and I say good ridance, they should never have low balled us while publicly telling their shareholders that they were getting such an amazing deal.
- AngloGold and Gold One have both had their golden deals spoiled. AngloGold knows that if shareholders are offered to much of EZ then they simply will not need to sell MWS, so the whole plan was to sell EZ for an amount so small that we would be forced to sell MWS. Well that's spoiled...
I wonder how long FIU management will take to draft a NR saying the new bid is not legitimate or whatever else lol.