Hey big bill ,
I agree with your post ,
In regards to Botswana , I was hoping that they would release a good jorc and then flog it , as you say years away , but an asset is an asset and onday in the not too distant future they will implement the infrastructure needed , And mines will appear.
Pen - no doubt will be delayed ! but not by too much and some ok margins too be made ,
Vlak and ferr : yeh it's marginal , but it could be worse .
Dewitt : who knows if they use positive cash flow from the other 3mines (pen also ) . Could be some good margins if coal prices behave
Insatiable need for cash : as I mentioned in an earlier post any money made in SA stays in SA for other SA projects People may not agree with me on this but that's the way I Believe it is with he new BEE partner so any moves the company wants to make outside SA the money needs to come from somewhere .
Bergin , Fees charges, okap , impondo and Komodo : should be regulated and investigated Berrgin is the worst , when they invested with Bergin is when I came to the conclusion that money cannot leave SA.
My investment : i wish I could turn back the clock ,
Selling : I hate losing so no not at the moment , I'll try and work out an exit strategy ,
Ps I'm a tradesman so I don't really have a clue , I'm learning as I go ,
Hey big bill , I agree with your post , In regards to Botswana ,...
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