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Xonghile Kudu - Sat, 01 Jan 05 :

Mike

Thanks for your comments.

I think you're right. They will need to sell off a few to raise capital but what will they do with the capital a couple of years down the line. Will it be purely used for further exploration and sell-off's?

Remember that with Afcan's mining experience a merger would allow them to keep one, two or three for themselves.

I reckon it must be good to be in Caledon's boards shoes now with the options open to them.

I for one hope they show a bit of vision and grasp the opportunties instead of sticking rigidly to exploration and sell-offs.

You only live once.


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