Observed By Tshepo Magagane [USD1.5trn that openAI has committed to spend – oh, it is loss making] “extreme euphoria” “look at chart – double bottom – those are fundamentals” “numbers dont matter because this is changing the world” “I have seen this before” “flammable items not red flags” “enron = off balance sheet exposures – […]
Even If You Have A Cursory Interest in M&A, This Is The Deal To Follow.
Analysis By Tshepo Magagane – Executive A bids for C – what appears to be superior offer B comes in bidding – B has anti-trust concerns – so it promises to give a huge part of the price before the deal consumates or is approved (it will only retain economic rights – not voting rights) […]
Zambian Men are Aging like Fine Counterfeit Wine.
Zambian men are aging like fine counterfeit wine.A forty-six year old Zambian man in 2025 is nothing like a year forty-six old man in 1990. We’re expected to be successful earlier in life, while managing the early onset of middle age. Wasn’t it sixty year olds who had grey hair? I started going grey in […]
About Staying In Your Lane.
These new cars, man. They talk to you, park themselves, wake you up when you’re sleepy at the wheel. But the one thing that stands out is the lane assist feature – bringing you back into your lane when the vehicle is moving off its course.Men, with all the love we have for our cars, […]
As People Pile In
By Tshepo Magagane As people pile into mining without any knowledge or experience – understand these simple things – this should simply have never been issued. I want to see the NPV at 1.3k downside. I want to see base case at 1.8k. Spot is upside. Think about it simplistically: * Debt provider – for […]
The GDP Fetish and What It Conceals
Guest Writer: Savior Mwambwa Despite rapid GDP growth averaging 7.7% annually in the 2000s during the copper boom, poverty remained widespread, with 60% of Zambians still below the poverty line in 2022, and between 1996 and 2015, the number of people living in poverty actually increased by 2.5 million. This is not an anomaly but […]
Africa – transition – the continent is alone in this!
Written By Tshepo Magagane If we are waiting for any Western entity to come and unlock this for us…..we are still hallucinating! We need to be truly smart about unlocking this FOR OUR OWN BENEFIT! We are currently observes in this whole thing and it is getting worse. Let us use whatever capital is available […]
Truly Unlocking Africa’s Potential!
Written By Tshepo Magagane If Africa was to actually lead the unlock of mining – it would create private capital ecosystems – I will continue to put the Khoemacau eg if a local vehicle – Batswana or other SADC – had just put up USD8m, they would have turned that into USD500m – even at […]
Buying Gold Assets – what do you pay at this stage?
By Tshepo Magagane I mean, the likes of Thor, I would happily pay a premium and buy it at 2-3x PER! But others, what do you input as LT gold price? It has value destruction written all over it there! In a gold story, you are coming in at 1. NAV 2. Prices have moved […]
Copper challenges – They Are Vast!
By Tshepo Magagane I have been following Chemaf for the past 15yrs! Close to USD700m has been sunk into this! It is at best a Tier 4 project. BUT see the fight the Chinese are putting to get hold of it, you have seen Special Forces from the US also entering this fight. Or the […]