Ann: Investor Presentation - Sibanye-Stillwater Investment, page-201

Nice comments guys and cheers for topping up in low 60s. SSW will also play a huge role in scaling the plant capacity up and unlocking the North basin. There is a reason why they insisted on the option for 50% stake in North basin. They will fund the development of that as well so no need to go to market again. What I find most interesting is Inr raised USD 70m cash along with this deal. They don't need to contribute any equity to JV and bulk of engineering and design work is done. Offtakes are advanced. That additional 70m will have a purpose. They must have discussed and planned some further upscaling/development as part of this marriage. I absolutely love this news and just like many others I topped up. Not saying Inr will go nuts like a rocket or anything, but it will be a good investment that will generate a handsome TSR in times to come.