I would rather see us get no cash because my understanding is that we can then give Zurich the finger.
Typical insurer - happy to see us go broke rather than pay us what they agreed when they created the policy.
Given the potential longevity of our mines and the prospects for the gold price I think that an adjustment to the royalty
regime would be much more valuable. Maybe other non cash incentives would assist our FCF
Aside from that any help with cheap finance and smoothing bureaucratic interference would be great.
Management have already done the hard yards and have succeeded in getting our mine back in a country where doing business
is not easy for an outsider.
Looking forward to the next 12 months. Could be transformational !
Cheers to all
Ann: TAFTA Update, page-28
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