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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: Confluence who wrote (1238)5/24/1998 5:40:00 PM
From: GULL  Read Replies (1) | Respond to of 7235
 
Why the concern with payment to the heirs?
IMHO that matter is academic as far as the heirs are concerned:
1.De Beers pays them.
2.SUF pays them if a miracle occurs with Section 24.

I should have charged money for all this advise - I hope that at least a few people read the early postings and made some good decisions.
The writing was on the wall - no-one wanted to tread it.
Why not ask SUF a couple of questions?

I don't think that Marsfontein even rates up there with the biggies as far as the Minister is concerned.

If you read the Section 24 you will see that his options are quite clear.
One cannot expect the publics interests to be that flexible.
SUF is not the only foreign company mining in SA , the others don;t seem to have had that much trouble.
The mining laws in SA have been around for quite a long time.
There are a lot of unanswered questions as to SUF regarding the whole M1 fiasco.