Anglo settlement of 2008 was formally released at Indaba 2008 with Anglo and DMR in toe - and not in some underground tavern
If ARM have concerns they should be suing Anglo for settling - why are they not doing that?
I think the main reason ARM is trying this drama:
ARM will have to pay half the costs if they want to join a JV with Anglo and Nkwe- they will find it difficult to provide the 800 Million to 1 B or so USD needed for the same
they want a negotiating point
Shapiro most likely batting for ARM (clue: 1st person to reveal PAJA proceedings) Share price instability and shareholder anxiety critical for any negotiating leverage and advantage _thats what they are trying to do now -create muddy waters.
the good thing is that in the process they are highly irritating the DMR - the primary decision maker
you can call this speculation but there are too many evidences in favour
NKP Price at posting:
45.0¢ Sentiment: None Disclosure: Held
