I read the IKW thread - talk of XCD
No mention of XCD's:
$7m from Thebes (1 condition remaining?)
i.e. Keaton pay $20m, get $8.5m in the bank!!!!!! plus xceeds project
Finance agreement with Standard Bank
Advanced offtake talks with Eskom
Strip ratio of 2:1!!!!!! (I read 10:1 but can't remember if that was IKW or another company)
Possibly both undervalued, but definitely low ball offer for full control of xcd
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