Lonmin's CEO Sees Improved Cash and Liquidity Positions

Lonmin's CEO Sees Improved Cash and Liquidity Positions

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript features an interview with Lonmin CEO Ben Mcgarrah discussing the company's financial improvements, cash management strategies, and efforts to address social and labor unrest. Mcgarrah reassures the market of Lonmin's cash neutrality and highlights the challenges posed by South Africa's political climate. He emphasizes the importance of relationships with unions, government, and communities to navigate these challenges and foster economic growth.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is Lonmin taking to engage with unions and the community?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the political climate in South Africa for Lonmin's operations?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunities does the CEO see for South Africa amidst current challenges?

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