“It creates this perception that Nkwe will receive cash, but it is structured so that Amed doesn’t have to give up that cash; the conditions are too onerous. It will deny Nkwe access to the capital markets to raise money. That could stop the entire project.”
Some-one mentioned 'conditions' ?
I want to hear more from that guy ...Nkuhlu.
No mention of a MINING RIGHT ??
"What Nkwe and Genorah hold, though, is a feasibility study that shows...."cont.
Stayed well away from mentioning any majors too.
"A minority shareholder in a local black empowerment vehicle....cont
local black empowerment vehicle? thats Genorah...
a vehicle for.....? raising funds? consulting? orgainising fesability studies? marketing?.....
I am not sure a vehicle is that great a word but perhaps i am feeling niggly.
Others mentioned picking holes but I DO welcome the ground around them.
I had a feeling about Mvelaphanda but so aligned with anglo arent they? just an impression.
I wonder how Jubilee and PLA are fairing?
and MM has me totally puzzled and PL has disappeared off the platinum planet..
new nkwe article, page-10
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