RE: ...25 Jan 2020 10:18
Thanks MM , but the transaction isn't the problem is it? That will be as TLOU anticipated the same as coal fired industries.
It is the feasibility section that concerns me.
Tlou say 80-100 is commercial , and that is on the cards at Lesedi, when? Do BG believe 80-100 or the answer when nobody knows how long?
Tne next pods are even more difficult to assess. It is firmly believed the next pods at Lesedi can be dewatered much quicker, will that be so? Probably imho. BUT is an expansion of Lesedi the next phase , or is it a repeat of our current problems at Mamba more likely?
It is good to see Grant Thornton's presence - one of their solicitors was Trevor Watkins, an AFC Bournemouth season ticket holder, who rescued the club from the receiver and made it a community club (51% of the shares in fan's hands, one was me). He became Chairman and put the price of admission up from £5 to £7 , a bargain, and with hindsight too low. The community club was dissolved and the new chairman sold the ground for a pittance and rented it back at an extortionate rent off his own back! Admission now is £33 upwards and I cannot get a ticket.
GT would have been free to bring in Aussie advisors and still be impartial, But , it seems, this is history unless the new appointment needs them?
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From your link ....
"Transactional advisory
Our team advises and supports clients in all aspects of a transaction, whether a disposal, an acquisition or fund raising, which may include debt and equity (both private and publicly listed). We adopt a hands on approach that supports you through every step of the transaction process, from feasibility review through to completion."
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