RE:RE:Reports on Initial Drilling on the Waterberg Extension PermiI believe the SA government could allow a a reduction in BEE percentage if it comes about by circumstances out of the Company's control.
I like the solution of the Waterburg BEE picking up the slack as it will effectively increase PTM ownership and maintain the BEE percentage.
There's more to this story I'm sure. What was Weziswe thinking by having Africa Wide do the dramatic refusal to make the agreed payment. I can't imagine this being something that would hold them in good stead with the SA government. Very unprofessional and sleazy. But why do it??? There must be a percieved benefit.