Lets hope this bit has some substance and that the divestemnt discussions are at an advanced stage:
The Company’s Executive Chairman Mr Tony Sage said “While the current iron ore price is not as buoyant as it was in 2011, we are confident that in late 2012/13 we will see a recovery. The results of the 15Mtpa Scoping Study have demonstrated that even at an FOB sales price of $95/t, Marampa is an extremely robust project that will deliver benefits for our shareholders, external stakeholders and our hosts, the government of Sierra Leone.”
He further added “Cape Lambert has progressed divestment discussions with a number of interested parties, both in terms of a potential trade sale and with possible equity investors.”
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Lets hope this bit has some substance and that the divestemnt...
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