Agreed. A great interview.
It would be very BULLISH for shareholders if SBSW didn’t go through with it. My guess is they will try to hold on to RR cause they got a great deal (50pc of everything outside of current mine plan for $50m) but they might not be able to find the cash OR fund any future increases in new cap ex costs.
The SA election is crucial for them (and us) in March 24 which will be around the same time as FID
They currently get 100pc of their earnings from their SA gold and PGM mines
Something to keep an eye on
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $379.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $203.3K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 96707 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 171993 | 7 |
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| Last trade - 12.26pm 02/09/2024 (20 minute delay) ? |
| INR (ASX) Chart |