This was also one of my thoughts. Kitumba will NOT go into production in the next years but will be sold for 100m at least. You will see and I am pretty sure that one or the other friend of Miller will make a hell of money and will share it somehow. Obviously those guys are too smart to let us know what they have in mind.
Sorry guys, the management has been announced by Miller. Is there anybody that believes that they would not talk before making any decision.
It is just not consistent that Miller is just taking the loss. No no....there was a plan and the plan is to ripp off Kitumba from the hand of the long term holders.
I am pretty sure that this is the plan. If there is another one. E.g to buy another asset in a less risky country I would be extremely surprised.
However....it is like it is and nothing will stop those guys to bring their plan to live.
What a shame......
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