A local listing has been something that Caledonia has been considering for some time. Now it seems the time is right for the involvement of local participants and also because of the incentive from the Zimbabwe government for increased dollar earnings. None of this takes away from the investment case which is focussed on the Blanket mine and its robust (and growing) cash flow, which provides for Caledonia's increasing dividend and wider ambitions in Zimbabwe gold.
08 Jul 2021
Caledonia Mining (CMCL) – Listing on the Victoria Falls Stock Exchange in Zimbabwe
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Caledonia Mining (CMCL) – Listing on the Victoria Falls Stock Exchange in Zimbabwe
Caledonia Mining Corporation PLC (CMCL:LON) | 825 -206.3 (-2.9%) | Mkt Cap: 158.4m
- Published:
08 Jul 2021 -
Author:
Paul Smith -
Pages:
4
A local listing has been something that Caledonia has been considering for some time. Now it seems the time is right for the involvement of local participants and also because of the incentive from the Zimbabwe government for increased dollar earnings. None of this takes away from the investment case which is focussed on the Blanket mine and its robust (and growing) cash flow, which provides for Caledonia's increasing dividend and wider ambitions in Zimbabwe gold.