Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My understanding is that the shares and cash wash thru svs managing the exercise...
So the big question is, irrespective of whether svs clients received the shares they parted with cash to svs for... did the cash get back to wsg.... if not would it be sufficiently segregated from general creditors in order for wsg to get it all back
Jimzi - not sure if agree, where’s PF gonna get the money in short order ... that he supposedly desperately needs, if SVS defaulted on the cash side...
surely, the cash is more important than all this warrant chit chat at the moment
Apologies if this has been made clear but I can’t find it ...
surely we need to know if we did get the placing cash for sure, stock delivery or not, as if not, it’s now an urgent issue for PF to get a cash substitute in place ASAP... any thoughts ?
Didn’t someone say that the Ghana negotiation was initially based on a 30 day exclusivity period .... ending today ?
If so, the fact that it hasn’t been done , doesn’t necessarily bode well.... new players waiting on the sidelines now it’s all up and running perhaps ??
Having read all about the expectations for this week, it seems on closer inspection from lay weak update,that the
“ so-called special purpose vehicle (SPV) will not operate for several months because technical details still need to be worked out.
Read more at https://www.channelnewsasia.com/news/world/france-says-it-expects-iran-eu-trade-mechanism-to-be-established-in--coming-days--11159300 “
So not sure what impact it’s going to have on the the SP this week at all, if indeed it is what we need to proceed which by all accounts it should not be
Hey ho... mid 20’s off the back of the trading update will do for now