BA
Bayman@bayman_jse·Bearish
Wesizwe still sitting on massive pgm reserves but the funding story is the real one. Debt levels are chunky and capex to bring Choppie into production is not a small ask. Argonaut and Impala had to sweat it out too when they were in dev mode, difference is commodity prices were kinder to them. At R0.55 though, if they pull off the funding without diluting the pants off existing holders, could be interesting further out.