hardmano
with a possible early development of tiof by late this year, it will put hardman in a position, as they would need cash to fund this and chinguetti i believe will not be enough to repay loans and finance some tiof development.. which means either more equity or debt (unlikely if it is taking this long to approve a smaller chinguetti) or reduction in stake (no good)..
Another conspiracy may be that WPL is pushing for this to put hardman in a position to either sell some of there stake to WPL or to get the equity raising at very favourable terms.. they seem to have hardman on a leash...
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it is now a long for tomorrow, page-35
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