ccc re-rate through jse listing

Hi Kiwi67,
Had a nice chat with JB today. Obviously concerned from my point of view to sell or to hold? With JB holding 3.750,000 shares one way or another, I was interested to see how the convertible notes with the two investors was going? Sounds like agreement is getting close as finer details are bringing signed off on but sounds like agreement has been reached for an extension. Announcement coming out in next 2-3 weeks.
Asked JB what his thoughts were on the JSE listing and if there will be other CCC shares released to the market for the JSE listing which further dilutes the shareholders. He said NO and there will be no further shares issued as they will use existing shares and the shareholders have a choice to sell there current shares on either the ASX, AIM, JSE market.
With the two Botswana tenements and new potential JV partner. It was the other side who wanted to keep it out of the papers. They are keeping hush hush but sounds like a big player and the further release of the company and financials will be released around the JSE listing by the sounds.
The quarterly results is expected to be good with further upside on production.
In my mind it certainly worth waiting until the JSE listing as Botswana, De Witts further announcements might be the rerating CCC is waiting for?
Another miner on the JSE market used by JB as a similar or comparison to CCC is Wescoal WSL. I haven't been able to find much on this company at present maybe someone else can help me here?