Eastplats unlocks some value, page-2

unlocking value....

Amplats is too

http://www.moneyweb.co.za/moneyweb-mining/amplats-stock-rises-almost-5

Amplats stock rises almost 5%   17th December

On Bokoni Mine sale report. continues.....

"It seems like a good deal for Amplats because it would give them some cash to invest in more profitable mines plus it helps them get rid of a troubled mine," said Michael Homem, an equity analyst at Kaizen Asset Management.
The document, dated Dec. 18, said Baroka had the support of South Africa's state-owned pension fund, the Public Investment Corporation (PIC), in its bid for the mine.
The source said the PIC was set to fund part of the transaction in exchange for a stake in the mine. Some of the funding would come in the form of a loan from local lender Nedbank, the source added."cont.