Spid one could speculate on there debt and there possible usage of the Gma loan for the msp as cash flow. So that doubles the debt. After 3 years on a slide i find the end is near.I have empathy for the local workers as it will be devistating for the local economy.I dont think the government will assist and unless the majority stake holder has balls of steel it will become another failed mining operation in SA.
Ann: Production Delays - Tormin Mineral Sands, page-72
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