And a 26% substantial holder OF WORTH Mikayla!
How many 26% holders would be putting cash BACK into the business in one lump sum like SIOC/cdt will.And hopefully we will see them participate meaningfully with future projects.I dont necessarily expect them to stump up the full 26% for every project but it will give Conti a nice little further derisking cash backing on top of any cash flow they can inject.
The more I think about this,the more I think this is the coup of the Sth Afr mining industry in terms of having a BBBEE partner.
Probably a big reason as to why Mike K was prepared to be a part of this group.It would be interesting to hear this question asked of him.
I like the way upper management is shaping up now with these two guys at the helm.
d.
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