re: Ann: Significant Iron Mineralisation Inte... I just don't get you guys!
TS is on a roll...he has the ability to multiply money by smart buying of distressed assets and by all accounts there are a few in South Africa.
He's proven himself to be very good at this and now you want to strip him of cash to do so. That's plain dumb and thwarts the very basis upon which the business model is based.
Why don't you take it to its extreme and suggest that he puts the company into an orderly voluntary liquidation and returns everything!
Look, the share buy back game just has not worked over the past two years and it doesn't restore value.
I'm all for letting TS loose so that he can hit one out of the park...a home run..and then we can all go home with bags of cash!
But why hobble him in this pursuit by taking away one of the big advantages which the CFE model offers...CASH injections or buy outs.
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