Yes. And IMO the timing of this is also reasonably important. In that Morilla may not be ready for any of our dirt until say, June at the earliest - it seems. Because they want to process all of the dirt they currently have - even notwithstanding its low grade - apparently.
My question to others is, What is the price that Anglo may have to pay RG for the stake in the plant (if indeed that is going to happen)? Because without us (BGS) the plant may not be worth much at all?
However, why would a company sell an 'asset' which will be cashflow positive for possibly ten years or more?
BGS Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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