There are other possibilities ranging from shareholders getting tired, shareholders locking in tax losses, all the way through to "unexplained delays" in the SA Govt.
Corruption in SA does not stop with their World Cup soccer effort.
Many Govt employees and politicians are on the take. It is a way of life.
I am hoping that there are no "unexplained delays" with the granting of our permit.
Issuing permits is a relatively easy thing and should not take this long.
Maybe Shell knew something when they walked.
I hope I am wrong ,and its just the usual TIA (this is Africa), but unless there is some positive movement soon this entire situation will start to smell .
CEL management need to get over there and put some pressure on the SA Govt. This is not easy and in reality we cant walk away, as much as the Govt would probably like us to.
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