Well I have made an informed judgement and got a small stake of 100K on Friday.
I think the BOD have been rather smart in moving in to take over the operations in
North Namibia on the back of CLA.
Now they have to perform, which is always the problem.
But firstly to get some cash in the bank!!!!
I believe that in the medium term the two companies will merge their operations to
the benefit of both. Surely it would be asinine for the both of them to set up separate processing
facilities for what will most certainly be identical ore analyses, in a relatively remote area
of an African state with little real support structure.
Ann: Cazaly to Proceed with Kaoko Kobalt Project, page-11
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