"17 January 2019SOUTH32 LEADERSHIP TEAM CHANGESSouth32 Limited...

"17 January 2019
SOUTH32 LEADERSHIP TEAM CHANGES

South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) is pleased to announce changes to the Group’s leadership team.

Katie Tovich will succeed Brendan Harris as Chief Financial Officer (CFO) from 1 May 2019. To ensure a smooth transition, Katie will immediately assume the role of Deputy Chief Financial Officer.

Brendan will take over from Peter Finnimore as Chief Marketing Officer (CMO) assuming responsibility for South32’s commodity marketing and supply functions. Brendan will move to Marketing from 1 July 2019 to work with Peter to enable handover of our global customer relationship"

The above was released by S32 last week -

I think these Leadership changes may help to explain the need for extra negotiation time.

Surely the Inca team would want the full confidence, and total commitment and enthusiasm of the new S32 Leadership Team going forward.

Yes I would like news, and yes news at this point would be price sensitive, but it may not be possible, and in confidential negotiations ASX listing rules do not require continuous disclosure.

Remember we have a very large slice of the prized real estate.