RE: The Elansfontein Property is important...Good question S.
One that I also asked and was told by a broker that Anglo was dicking around
in hopes of getting the property for nothing when PTM snuck in. I also heard
the locals were glad to stick it to Anglo.
Apparently this is why PTM have been keeping such a low profile - in their
words, staying below the radar screens of the majors - hoping to accumulate
properties. I have been told that they are not finished yet. Who knows. I guess
we will find out when they get back from SA.
All that aside, it does look like the market is not optimistic about the results.