Picture: BLOOMBERG / WALDO SWIEGERS
The meetings began after Sasol raised the estimated cost of the project by $1bn in May, having increased it only three months earlier, the company said in a response to questions. “The chairman of the Sasol board of directors together with management has held meetings with a number of shareholders to hear their views, concerns and expectations,” the company said on Monday.
The company’s market value has halved to R169bn over the past 12 months, making it the third-worst performer on an index of Johannesburg’s 40 biggest stocks.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: IOL - 🏆 46. / 51 Read more »
Eskom, Sasol fingered over ‘world’s second-worst sulfur dioxide hotspot’Emissions in the Kriel area of Mpumalanga only lag the Norilsk Nickel metal complex in the Russian town of Norilsk, Greenpeace said, citing Nasa satellite data
Source: BDliveSA - 🏆 12. / 63 Read more »
Sasol results delay wipes R8bn off its market valueIn case you missed it | Sasol results delay wipes R8bn off its market value 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »
Eskom, Sasol fingered over ‘world’s second-worst sulfur dioxide hotspot’Emissions in the Kriel area of Mpumalanga only lag the Norilsk Nickel metal complex in the Russian town of Norilsk, Greenpeace said, citing Nasa satellite data
Source: BDliveSA - 🏆 12. / 63 Read more »
Implats sells control of Sunday Lake projectImplats has raised R15m by relinquishing control of its 75%-held Sunday Lake exploration prospect in Canada to North American Palladium
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: IOL - 🏆 46. / 51 Read more »