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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: gg cox who wrote (181161)12/8/2021 6:55:49 PM
From: sense  Read Replies (1) | Respond to of 218303
 
Swapped interest for equity ?

That's a decent face saving maneuver that benefits both...

Reduces SBSW project risk with diversification... and gives them a convertible asset vs a pile of dirt...

GENM wins the ability to covert the slight into a win... control... ability to share % with others... still with big partner support on the equity side...

I don't think there's any problem with the property... but think it correct that it isn't a strategic fit for SBSW...

Wasn't there also a copper project with Rio Tinto... or was that some other junior company ?