The DMR, Communities are not clear on what the situation really is. We are even less clear.
What is being posted here are personal feelings on how each of us would like the situation to unfold but none of it is really of any real importance.
Might as well bring in a fortune teller and ask her what will happen on Monday and in the coming weeks.
If the key players in this game are ever interested in developing these resources then they must reach an agreement - cash, shares or royalties. I am banking on a mixture of shares and royalties.
If we think Genorah are having a hard time, well we will see about Beng. Minerals as that community seems itself to be divided.
If I were Anglo or Xstrata this is the right time to bring all these SA community interests into one room and hammer out a deal. Withought the support of these majors neither the Roka, nor the Beng will get anything done in my view.
Now let me go and find a good fortune teller!
BR Max
NKP Price at posting:
45.0¢ Sentiment: None Disclosure: Held