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Sunday, 07/31/2016 8:37:05 PM

Sunday, July 31, 2016 8:37:05 PM

Post# of 63744
Interesting that Acacia is in play again:
Sibanye confirms it will not make an offer for Acacia
http://www.bdlive.co.za/business/mining/2016/07/28/sibanye-confirms-it-will-not-make-an-offer-for-acacia

Baiyin owns a stake in Sibanye, so why would they support a takeover of Acacia when Banro could be takeover for much less ?
http://www.iol.co.za/business/companies/sibanye-to-acquire-gold-one-assets-1565623
>>
Neal Froneman, Sibanye's chief executive, formerly ran Gold One where he oversaw its acquisition by a Chinese consortium that included Baiyin Non-Ferrous Group, a subsidiary of the CITIC Group, China's biggest state-owned investment company, and the China-Africa Development Fund.
<<

Kevin Jennings use to be the CFO of Acacia when it was known as African Barrick. Wonder where he is going now ?

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