So is ABSA now dead in the water? So much for it being 'secured'!
5hareholder in answer to your query refer to Dec '11 qtrly page 12.
Regarding Vanmag it begs the question why this was not announced to the market, ,marked sensitive, when the transaction fell thru.
Clearly, the reason for Res 5 IMO. Which brings to mind the farce in accountability of the Coy in the accounts. A 'Current Asset' to my mind is readily converted, within the financial period, into cash or cash equivalent uninhibited with conditions precedent.
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