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  • The South African Journal, Vol. 26: February 3, 1917 (Classic Reprint) 
     

    (Buch)
    Dieser Artikel gilt, aufgrund seiner Grösse, beim Versand als 2 Artikel!


    Übersicht
     
    Lieferstatus:   i.d.R. innert 5-10 Tagen versandfertig
    Genre:  Lexika / Nachschlagewerke 
    ISBN:  9780259594093 
    EAN-Code: 
    9780259594093 
    Verlag:  Forgotten Books 
    Einband:  Kartoniert  
    Sprache:  English  
    Dimensionen:  H 229 mm / B 152 mm / D 2 mm 
    Gewicht:  61 gr 
    Seiten:  34 
    Zus. Info:  23:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on White w/Gloss Lam 
    Bewertung: Titel bewerten / Meinung schreiben
    Inhalt:
    Excerpt from The South African Journal, Vol. 26: February 3, 1917

    Mr. Leslie estimates that the present value of the profit which Simmer Deep could earn from this area, exclusive of the speculative tonnage above mentioned, is Mr. Puts it at including the speculative tonnage, and adds: This is the price below which theoretically it will'not pay the Simmer Deep to sell the. Aforementioned area. There are, in my opinion, how ever, further advantages which may be considered as apart from the actual realisation of this profit at once: (a) They obtain the profit without effort or risk. (b) By eliminating this area from their existing mining ground the Simmer Deep can give more attention to development to the south of their property, where values are more encouraging. (0) Transport difficulties in this section and the extra cost thereof are eliminated. At present it is necessary to tram ore from this section at least half a mile. The transaction would enable the Simmer Deep to concentrate on a policy with regard to the produce from each shaft.' And later on he states: I have given all these points my most careful consideration, and I have come to the conclusion that an exchange value of would be fair and advantageous to both companies. It is true that this price is less than the theoretical present value of the claims to the Simmer Deep, but it must be remembered that the latter company is being relieved of all the effort and risk involved in the winning of this profit.' The report of your Manager generally concurred with Mr. Leslie's valuation of the area, and agreed that it would be in the interests of your company to accept a fair offer for the ground from the Simmer and Jack Proprietary Mines. In view of the above reports, and in view of the necessity of providing some for capital expenditure during the next three years in order to develop and handle the ore from the lower levels, more especially in the Clement shaft area, where recent development.has shown im noved values, your directors were satisfied that it was in the interests of the shareholders and the debenture holders to enter into this agreement, as thereby, from every point of view, the position of the company is materially strengthened.

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    This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

      
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