Sentiment towards South Africa is improving
The chart comments have not been updated this week so there is no change to the Sentiment Oscillator, but a quick perusal of the share prices suggests that there has been no improvement in the smaller end. The same thematics are operating.
West Wits - gold and uranium most popular
The INDABA conference in Capetown was suitably busy in combination with the 121 Conference. In addition to seeing the usual smorgasbord of companies one of my main tasks was to be working on the raising of development funds for West Wits' Qala Shallows Project. WWI is aiming to establish a 70,000 oz p.a. gold mine with a steady state All in Sustainable Costs of less than US$900/oz, ahead of ultimately expanding to the 200,000 oz p.a. level.
There is also a commentary on the changing role of analysis in the modern stocks markets.