RE: Share price weakness15 Sep 2021 17:12
Homey
I'm not sticking my head in the sand at all, I am in constant contact with JLP and have dealt with
the situation in a very positive way. However I don't think you have. This is a situation where PGM's are having a short term effect on profit, please see Sylvania and Tharrisa. This is a situation where we can move forward getting much greater profits per ton of Copper in both forms and now Cobalt which has always been the unknown. £17million on paying out the people now instead of later for more control and monies. So the monies were going to be paid anyway but we have got more for it. The rest of the raise is going to be spent on building the concentrators and refiner in Mopani and Sable.
So we give £17 million for probably £50-70 million down the road. AND it has been snapped up immediately by II's
So we have been slimmed down by 7%, and the pie is going to be much much bigger. But you are ****ed off because you were not offered any of the deal. I'm sorry and I don't wish to be rude but you a very small minded, you also don't understand how the city and money works. The small guy's like you and me are always going to be last to have a drink at the well, that is how it works.... ACCEPT IT !! We are not important to Leon Colin or the II's and if we make money it's because of them not us. Get real or get out and Get a life ,you should be congratulating Leon on a great deal instead of whining