Wednesday, February 22, 2006 ANGLO AMERICAN PLC Cash piles from Anglo American’s announced restructuring are expected sooner, rather than later as the company gave more detail on its restructuring process on Wednesday morning, reports Mineweb. Bruce Tinney, head of resources at BOE Private Client in Cape Town, said the indication of the time lines for restructuring was a positive but that the quantum of future cash flows was not clear. “The market will be watching that,” he said.
(See Mineweb:
More cash to come from Anglo American
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Wednesday, February 22, 2006
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