RE: Mopani news6 Nov 2022 17:36
Sounds a very one-sided agreement though... partner to finance the capex and then hand over the plant after the concession period. I have been invovled in a number of BOT (build, operate, transfer) projects in IT.... but the T is never fixed but optional...and in every case it has never happened as the skillset required to O after, given that the project is usually non-core for the contractor, isn't wortht the investment / hassle of trying to manage it. May be the case here too...we'll have to see, if JLP is the partner. I would have thought though Leon would much rather hang on to what he had built ...than create a potential competitor. The pickings will indeed need to be rich to want to do this.