RE: Botfly facts24 Dec 2020 07:31
thanx for the link saxonaxe particularly like sibanye-stillwater as a potential suitor! and this bit ....
With their credit rating improved, finding money to fund an acquisition should be easier too.
Eurasia Mining ticks some boxes for them, especially with Monchetundra on the Kola peninsula. Closer to European markets and large car manufacturers, cheaper cost of extraction.
On the downside, it doesn’t have a lot of gold or as much nickel/copper as other assets.
But the chance to take a crown jewel right on the doorstep of Nornickel, showing Potanin he has a rival, well that might just be the extra ammunition Froneman needs to pull off the PGM deal of the century.
So who will they buy, will it be Eurasia Mining?