Tan's been a brute for years, and v difficult for me to "read"
i've made money in the 20-60p range & like Smiths...so sticking with my small underwater punt...
but haven't got the foggiest
my friend..
...interesting times
...what will the cash operating costs at Evander come out at? & Hence the margin earned on their enormous resources. That will determine so much imv..
..Oh & Malema
"results for the year ended 31 March 2013 will be somewhat behind their earlier expectations. The Company's cash flow continues to be tight and the Company remains in discussions with its principal creditor in relation to the deferral of amounts owed."
it can be read a number of different ways...but cash burn was always the key issue (here & elsewhere) and they are trying to do something about it 9but clearly cash is spent...)
as i posted last night, ame has done well against strong headwinds..
GLA