Homework - news on Friday23 Jun 2015 10:27
During the quarter work on fulfilling the conditions precedent to the sale of
the Everest mine to Northam, first announced on 10 February 2015, also
continued and Part A of the sale become unconditional on 22 April 2015 with the
result that Aquarius is entitled to receive the Part A proceeds of R400 million
on 26 June 2015.
This was taken from the financial and production results ending March 2015, which was released on 28/4/15.
We should get an confirming this and we may well see the SP soar to 11p+