dmr , page-35

Maybe ARMS press releases hold some clues for those who are brilliant enough to follow...because i get lost and my patching and matching might be off track...

There was this joint announcement/press release regarding Modikwa Deeps in recent times ...not updated,that I am aware of....

http://www.arm.co.za/im/press_display.php?id=2011/19jan11

19 January 2011
"Johannesburg, 19 January 2011 - African Rainbow Minerals Limited and Anglo Platinum Limited, joint venture partners and owners of The Modikwa Platinum Joint Venture, wish to clarify their position around the Modikwa Deeps properties. The Modikwa Deeps properties consist of nine properties located down dip to the existing Modikwa Joint Venture operation.

Following recent reports in the media, the Modikwa Joint Venture states that no agreement has been reached in the past or present with any party in relation to any matter concerning the Modikwa Deeps properties."
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and pondering how or why ARM might have a different/difficult view re any Modikwa Deeps connection....as we have been trying to understand the relationships...I thought some-one might follow this press release and if its getting at something?...

"11 February 2011
Anglo Platinum Limited (“Anglo Platinum”) in a media release on 7 February 2011 provided details about its previous empowerment transactions in a table contained at the foot of the release.

The Anglo Platinum description of the 2001 year transaction provides that the shareholding structure of the Modikwa Joint Venture included the ARM Broad-Based Economic Empowerment Trust as part of the transaction.

ARM would like to clarify that the ARM Broad-Based Economic Empowerment Trust which owns shares directly into ARM did not form part of the 2001 Modikwa Joint Venture transaction as stated in the Anglo Platinum release.

The transaction entered into with Anglo Platinum’s Rustenburg Platinum Mine in respect of the Modikwa Mine in 2001 was a 50:50 joint venture with ARM Mining Consortium Limited (“ARM MC”). The local communities have an 8.5% shareholding in the Modikwa Mine through two Section 21 community companies, namely Mampudima- and Matimatjatji Community Companies, which they hold through their 17% shareholding in ARM MC.

At that time African Rainbow Minerals & Exploration Investments (Pty) Limited (“ARMI”) owned 83% of ARM MC through its 100% held subsidiary African Rainbow Minerals Platinum (Pty) Limited (“ARM Platinum”).

In the 2004 merger transaction between ARMI and Anglovaal Mining Limited, the ARMI interest in ARM Platinum was incorporated into African Rainbow Minerals Limited."

http://www.arm.co.za/im/press_display.php?id=2011/11feb11

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Could be totally unrelated to MDeeps.... awarding or any empowerment requirements to comply or get neworder rights.... even the participants details differ so what hope has a layman ie i got?