.........catalyst for consolidation of the South African gold mines..... That is how Nick Holland and Neal Froneman view the opportunity presented by the establishment of Sibanye Gold. The question is, whos eats who? Graham Briggs is already popping a sharp eye for the weak and vulnerable. He declares that the next move would be to acquire already existing assets but which are struggling to deliver on the bottom line and turn their profit margins around. It would be very interesting to see how nowadays takeovers will turnout compared to yesteryears. Are we set for the crude and hostile takeovers or calm and peaceful ones, as suggested by Carl Keyter, CFO of Sibanye Gold?
Posted on: Sun, 03 Nov 2013 04:45:37 +0000
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