HomeBrand, Stagman
Like Stagman I think the BFS will be released soon in order to calm some investor nerves. Xstrata still have plenty of time to delay taking a final JV decision and this is what I see as coming after resolution of the court case.
With the court case I see two possibilities;
1. It gets thrown out again and that is the end of the issue.
2. The other BEE party gets a favourable decision and then as an out of court settlement, the end structure will need to accomodate a shareholding for them as well.
BR
Max
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- bfs , jv delays and where i see this going.
bfs , jv delays and where i see this going., page-37
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