RE: Re read article2 Nov 2018 08:07
Being Objective
Indigenisation has "finished" in ZIM, that means in part that the Govt will stop taking percentages of companies to try and get some upturn in an economy that is severely suffering. Now if they refused to give up the negotiated price of 90%, GR would then have to go to court to either get that percentage back or get the £20M+ that is owed. I would also argue that raising funds is via JV of RHA. I am very sceptical of GR I have to admit and personally don't think I will ever trust him but this is a step in the right direction towards gaining a working mine that creates jobs. Why would GR give 250 people jobs if he weren't making a profit, I think even GR knows that doesn't make economic sense