This does give a message - People are still investing in the SA Platinum industry and Wesizwe has had its share of troubles.
Similarly if NKP has a good BFS there will be no shortage of investment interest in Developing Garatau. Xstrata / Anglo are definitely not the only possibilities. Development of a 3rd BFS must be targetted towards an investor(s) that have a lower capex limit than Xstrata or Anglo. Samancor has Ferrochrome operations in Tubatse and has been looking for synergy possibilities.
BR Max
NKP Price at posting:
45.0¢ Sentiment: None Disclosure: Held