You need to look at the future on this, T.C.T.A will get it down to ecl, once down there it is going to be down to crnd to go lower if they wish. Once ecl has been reached why would s.a.g keep paying to maintain this level indefinitely? It will get turned around onto crnd once ecl has been reached, the mine owners are liable for the amd, you wait and see.
This bit of news is worrying for the investors here, so is the pumping of the amd to be costed against Crnd instead of T.C.T.A/s.a.g? [link]
Sells today but sp rises on gold predictions? JSE dropping but it does not take much for that to jump around, weather not too clever in Joberg, earth quakes getting more frequent as this piece mentions, funny how the data has stopped being sent out!! [link]