Ridge's directors are buying!

Fair enough MJ, I'll take it on trust that IDC are the best partner and that they bring intangibles to the overall package. Is it implied that the 26% given up to IDC is in return not only for the R60m funding for full feasibility but also in capital funding of $200m for the smelter? There is a tangible value to the deal in terms of better NPV figures? Anyone care to have a stab at revised NPV to demonstrate the added value?

And yes you can add in a few pence for cash if you like.

Given the directors supposedly turned down 70p offer a year ago, would 70p be an acceptable offer now? Who made that offer anyway?

The deals struck for financing of BR and SR barely justify such a price?