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NYBob

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NYBob

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Re: chevy56 post# 5566

Thursday, 11/15/2018 12:17:09 PM

Thursday, November 15, 2018 12:17:09 PM

Post# of 5870
Caledonia Mining definitely interested in more assets in Zimbabwe though no bids yet
Proactive Investors Stocktube
Published on Nov 15, 2018




https://www.youtube.com/watch?v=fpgEUEn1MdM

Mark Learmonth, Caledonia Mining PLC’s (LON:CMCL) finance director,
says it is interested in acquiring more assets in Zimbabwe, though it
is premature to say it has bid for any.

The government is looking at disposing of dormant assets, but Learmonth
says that if the prices are right there are plenty of privately-owned
assets.

Caledonia is also keen to increase its stake in the Blanket mine from
64% currently now that indigenisation rules have been relaxed.

Grades have improved at Blanket in November, which bodes well for a
strong end to year, he adds.

God Bless


My opinions are my own and and DD I post should be confirmed as unbiased

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