I dont think you understand Blackmoney:
In South Africa, every company holding rights under the Mineral and Petroleum Resources Development Act (MPRD Act) is required to have a minimum of 26% Black Economic Empowerment (BEE) shareholding.
Read the above, BEE don't have to supply funds or any thing, they get free carried,You can't do business if you don't give 26% of every thing to BEE.
As i have posted before this is/was always a JV with signet!!!
Why do you keep yaking on about J/V's when indeed this is the deal CDB had on the table to gain 33%????.
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