RE: JLP should get 100% licence7 Feb 2018 17:13
worst case - our investment in BMR valued very low and to me is negligible vs the value of higher % stake in Kabwe.
and, Zambia approval licence to JLP doesnt require any vote in BMR shareholder, as it is between Zambia and JLP.
though, i will be happy if JLP settle with BMR - such that AT MINIMUM our stake in Kabwe is much higher than initially agreed with BMR - say around 80% to JLP and 20% to BMR - without JLP having to pay further penny to BMR...its still win win situation as without JLP financing, BMR will unlikely to get back the licence