SRX 4.00% 13.0¢ sierra rutile holdings limited

Ann: Change in substantial holding, page-5

  1. 253 Posts.
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    Up to near 10% of the stock but a far cry from calling the shots. As it stands it is (in this window of time anyway) the Company owners won't decide if the mine continues to operate, that decision is in govSL hands.

    if the govSL don't come to the table on Area1 tax deal then they are saying goodbye to around 5% of Sierra Leone's GDP. Thousands of jobs. Millions in royalties and taxes.

    it would take either a big set of balls or a small set of brains to let SRX close.

    not beyond the realms of possibility in that part of the world however. We will find out which in a few days anyway
 
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