ELV – Elevra Lithium Limited
Reaccquainted myself with the comings and goings of this company for the first time in a while – and i have to say it looks (prima facie) to be not far off some kind of move.
They are developing a mine in Botswana that will produce a forecast 330,000 carats of diamonds p/a for 10 years from 4 discrete kimberlite pipes. I am not entirely sure of Botswana's Mining Laws – but i'd imagine they are not as onerous as South Africa's BEE requirements (if i was a Socialist i wouldn't be a trader)…
