RE: Market is warming up.....27 Apr 2025 15:29
For what it's worth, I don't think that the PTWC case had any chance of being upheld anyway given that the Alexander Bay area of the West Coast has been widely mined since 1928 and that the DMRE had already granted WHM Environmental Approval (EA) following an extensive and lengthy procedure where all environmental matters and the views/objections of interested parties and stakeholders are fully considered over 295 pages (I found it on the web at one time).
All the same, it is good to see that PTWC are fully accepting of the reassurances they've received from the Company. It is particularly worth noting that this apparent satisfaction is far from a normal position for this protest group and I'm convinced against the background of this and other research that it now leaves only a short and obstacle-free runway towards the granting of a Perdevlei permit.
In passing, I think last week's diamonds news was of far bigger consequence than box ticking and being seen to be squeaky clean, important as that obviously is. In effect, this was a completely new agreement with Alexkor over vastly greater, presumably previously unexplored areas, which now also gives DBM the greater freedom of becoming able to directly obtain their own mining blocks rather than operate as a contractor as has previously been the case.
As the man said in his most recent interview, our waste from our operations is money - from our HMS ops it's diamonds and from our separate diamond ops it's HMS. So the right to mine diamonds over the whole of the current Walviskop HMS licence area and, very soon (based on my research), the 30+ times bigger Perdevlei beach area is enormous news which has not yet been appropriately factored in by the market, especially given the expected higher quality and sale value of these previously unmined marine areas.
Re Telegram, it looks like it may be possible for me to add any registered Telegram users to the Kazera Global group if they'd care to post their Telegram @handle here.
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