The markets may be weak and there's no denying that we are a...

The markets may be weak and there's no denying that we are a victim of the negativity that abounds but the harsh reality is that the company continues to be judged on its failure to deliver on key transactions that have been announced and promised.

Earlier in the year we had the failure to commence Penumbra. This was suppose to be a fully funded and approved project. We know this wasn't true.

As previously posted the main transactions that need closure are:

1. SIOC BBEE partnership

2. ABSA funding

3. Vanmag sale

4. MASHALA acquisition

Seems there is always some kind of excuse.


Unfortunatley I'm not expecting any of these to be finalised this quarter as we are fast approaching the Christmas season when varies offices will be on holidays.

I'm expecting this to be the current excuse card that will be played!

And I doubt there will be any left field "Christmas presents" that have be touted around.

Obvoiusly would love to be proven wrong!