probability of a takeover?, page-19

The main concern for me in averaging down is the risk that they could loose Rooderand to Rustenburg Platinum Mines who are owned by Anglo Platinum.

Rooderand is PLA's future with such a large open pit mine life and i'm a little concerned Anglo Platinum are working an angle to take this project without having to launch a takeover for PLA.

I'm sure the department of Mineral Resources would rather Anglo operate Rooderand due to their experience & cash flow position, however they cant possibly take it away from Alta after 4 years?

By the way who are Alta Mining Resources? PLease dont tell me their a pennyless company? How will they found the legal costs to take on Anglo?

Maxy

PS they other main risk is PLA have shown they can't turn around Smokey even after 12 quarters........