smoosy, thats the question that makes my head explode.
I believe because the BEE is rolled into the Mashala agreement they would essentially own a portion of the botswanan assets
However, because its not in SA and its not required by law, 'our' CCC.ASX has no reason to preferentially pay the BEE group's way. Therefore I have no idea if they are classed as owning some of it, or if that right is relinquished as we are putting up all exploration fees, or whether, because we payed for the entire Mashala deal, they only have to pay back the 'loan' we gave them (by paying their way) for the SA arm of the Mashala deal.
Either way I'm not too fussed atm. When my biggest worry about this company is if we own 74 or 100% of botswanan assets, we wont be a sub billion dollar company. At this stage I want to hear about/ read the BFS's and I want to know where CAPEX funding is coming from. Those are the 2 big question marks atm.
CCC Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held
