From RNS18 Oct 2023 08:02
"The CEO of the Company is currently in Zimbabwe to plan operations, together with an entrepreneur with decades of African experience, Mr Sam Mahendran, and his team of consultants including Dr Willem Smuts and Mr Dirk Benade, BSc, who is transferring from the Company's payroll to that of Mr Mahendran. After site visits have been carried out a further report will be made"
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Red Rock haven't said what the arrangement would be with the entrepreneur Sam Mahendran. The entrepreneur over at Marula, Qu*nton Van Der Burgh lends Marula money. Is Sam Mahendran doing the same?
I'm sure in the stockbox interview Bell said only Sam Mahendran would be going to Dubai for disscusions about a possible offtake . So you would assume this is happening because he has the money and so he can make the promises. Of course the discussions in Dubia about a possible offtake deal may amount to nothing. The chinese may be unimpressed.
So my guess is Sam Mahendran gets a big free stake in the RRR/ALR projects in return for lending money to advance projects.