The thing is hansel i dont think im talking crap.
I dont beleve item 3 here has been finalised.Hence no money and no directors appointed yet.
Happy to be proven wrong Hansel.( by anyone )
From the november announcement.
Key points:
1: Sishen Iron Ore Company Community Development Trust (“SIOC-cdt”) executes Subscription and Shareholder Agreements to become Continental’s new Broad Based Black Economic Empowerment partner in South Africa
2: SIOC-cdt subscribes for 26% interest in Continental’s South African subsidiary
3: SIOC-cdt’s initial investment of ZAR140 million to be received upon final regulatory consent
4: Transaction with SIOC-cdt positions Continental for significant growth and enhanced opportunities in South Africa
The thing is hansel i dont think im talking crap.I dont beleve...
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