Mostly: Classical

[amarksp]

Well I am looking at a 3 year chart, and it finally looks like a breakout... ARQ should have feasiblity study done by end of 1Q06. The ARQ BEE deal with AngloPlat keeps getting delayed but Anglo American still wants and needs to repatriate its cash from SA to London...

And on Feb 22 we have SA Anglo American CEO Lazarus Zim resigning from Anglo to head up a new Platinum base BEE for further taking the goodies from Anglo Plat...
http://www.angloamerican.co.uk/article/?afw_source_key=D8C22D90-A6C1-4913-BDE6-B200BB544264&xsl_....

The Anglo Plat BEE gravy train must be quite tasty... However, I am now thinking Zim's arrival on the scene likely indicates further delay before Anglo Plat BEE deals are finally consumated. I was thinking ARQ BEE deal at end of 1Q06, I am now thinking by end of 2Q06 if we are lucky... SA Govt still holding Anglo American at ransom over the forex repatriation, wants to ensure a highly favorable BEE deal from Anglo Plat, IMO. When the deal gets done, there will be many a happy BEE in SA, including ARQ, IMO.