Yes. I’ve been scratching my head for a while now. There is nothing much in any of these assets , just because they are having a “consolidation” doesn’t improve any of them. They are what they are. Over time,like anyone else they should make some efficiencies but it will take time and does anyone want to wait that long.Thank heavens RED didn’t get involved. My limited understanding of Gwala is that they have good grades but a lot of hard to process refractory ore, and some reading recently that it takes an hour for a truck to get from the bottom of the UG mine to the top.
Ann: King of the Hills on track for commercial production, page-110
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