RE: Kazera Global Trading25 Jan 2023 16:17
I drafted a lengthy response to PS's very useful observations and then thought better of it. I should also remember my scathing comments about getting water up from the Orange in the company's first years. Larry deserves a medal sticking it out in Warmbad for five years, if that is where he rested his head at night. Three points:
a) operating a company out of Caerphilly, previously Cardiff as with Amerisur Plc (AMER), is a crackpot decision
b) tinkering with exhausted deposits will have one result only
c) if the board chose to examine Cu opportunities up at Otavi, Tsumeb, etc or (say) soda ash conversion at Swakopmund from its salt pans or rock salt extraction all the way to KaapKruis it then becomes a worthy consideration
I did regular business in Kleinzee, Port Nolloth, Luderitz, Swakop/Walvis, Windhoek etc. When DeBeers pulled out the writing was on the wall; diamond grit was unlikely to support anyone.
As the KZG website is currently being upgraded some hope may remain.