Orange River pipeline3 May 2021 09:20
I'm thinking of increasing my position in KZG and I've reached my DYOR limit!
My biggest concern is the cost/logistics of the Orange River Pipeline which I assume is being funded, in part, from the 9 million euro financing facility.
There don't seem to be any plans (or costs) for the pipeline construction on the Kazera website, unless I've missed it? Also the RNS mentions a tailings dam and a way of recycling the water (again, no costs) There was a recent chat thread about the pipeline discussing solar pumps and the engineering challe
nges involved, which sounded expensive!
Are investors anticipating an RNS with the pipeline plans and costs once the financing facility is in place, or have I simply missed some important detail.
It seems to me the water pipeline is absolutely critical for the future of Kazera.
Thanks for any replies.