RE: Please let's not lose track of the fact I agree...I actually want to see this entire deal rewritten now that there is a new bid. Obviously the bid has to be confirmed and the details released. But as long as we receive around 100m, there is absolutely no reason to sell MWS - it is profitable, always has been, and it will continue to be profitable. Offload Ezulwini, put the money towards paying the 2012 debt, and then take out a loan to pay off the remaining 2012 debt (I would venture a guess the loan would be between 10-50M depending where this bidding war between Gold One and the Russian/SA conglomorate go - I think it very easily could reach 150M). Then run MWS profitably. It is incredibly simple. I have a feeling that FIU management will not be interested in doing this, however, with the new bid out there, it will be clear to everyone that FIU management is corrupt if they refuse to acknowledge the new bid.
This new bid is great. But it is only helpful in the context of an entirely new deal, meaning the current asset sale needs to be voted down. Otherwise, management will simply find creative new ways to keep money from shareholders.
If FIU management does not release a NR about the new bid by Friday I would encourage everyone to contact FIU management.