RE: Good News for SA, HMS Tweet.21 Nov 2023 14:07
Love your optimism Wakeyinvestor !
If we take the mine back we take on all the costs of running it - we don’t know if it is working, generating cash, royalties or anything .
We have loads of cash - again - we don’t know - we don’t know if we are generating any income, we have our running costs, we’ve spent on heavy plant equipment and then all the associated costs with HMS
Yes, we have no debt but little else (that we know of)
Diamonds are a girls best friend but not kazera’s otherwise we have heard at least once this year what we have pulled out of the ground and sold - with no update on diamonds at all since 2022 I think they are a side show at best