IKW ikwezi mining limited

Well I hope you guys are half right - the company is silent....

  1. 5,933 Posts.
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    Well I hope you guys are half right - the company is silent. Speak to no one . Only 800k shares on free float the rest held by the major 3 holders who are all inter related. And they sell the coal so they are doing very well. They had 23mill in inventory last report plus what they are mining which is getting better all the time. Every time I think they will have loads of cash it simply doesnt eventuate - hopefully it will now. They have minimal debt to pay back - to their inter related party. The rest is profit. Should be generating big cash surplus so hoping for a dividend. Have held this dog for 10 years now and the giant may just be waking up if coal holds.
 
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Currently unlisted public company.

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