WWI 7.14% 1.3¢ west wits mining limited

Amused, page-52

  1. 194 Posts.
    I may have missed that, do you remember where you read it?

    I know there was a cost blow out to some degree having been more overburdened to remove than expected. I was of the understanding that the contractors were simply trying to negotiate a higher take of the 60/40 split for the first payment to compensate for this.

    This deal was brokered fairly quickly so I imagine there are some ongoing negotiations. Which may explain why details haven't been released.

    I still think it was a good move. Cash flow is the life blood of business. They're right if they're trying to pursue it as quickly as possible. Even if some kinks have to be worked out along the way.

    I remain cautiously optimistic.
 
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