RE:RE:RE:RE:RE:BNN this am…tarsands wrote:
Ya we know Sacks7, I think most of us are aware of the fact it could go lower depending on news.
If SS does us a dirty ball game, by saying NOPE we will keep our 20% approx. in the project but will not be contributing any money whatsoever into it.
That route is called I Neal John Froneman am the biggest AHole in the whole world.
I am putting the squeeze on this little company trying too make it too the finish line.
Well i guess that is what the market is afraid of right now.
They would GENM have too come up with the money all them selves.
$600 million+, and what are the plans too get this money.
Actually not the plans we already have heard them plans
But whom have they lined up too put pen too paper deals with financing the whole burrito.
There is still alot of paperwork and details left too wrap up in a bow.
Sibanye's gotta pay whatever percentage they own in the JV. If 20% then 20% of the capex. 51% then 51% of the capex. If they want out, GENM could, IMO, easily find another partner to replace Sibanye with. They would probably want to keep 80% and sell 20% like they're doing with Sibanye, according to Kerry.