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Bullboard - Stock Discussion Forum Koryx Copper Inc. V.KRY

Alternate Symbol(s):  KRYXD

Koryx Copper Inc. a Canada-based mineral exploration and development company. The Company is in the business of exploring and evaluating mineral properties located in Africa. Its Haib copper project is located in the south of Namibia. The Haib project lies approximately 12 to 15 kilometers (km) east of the main tarred interstate highway connecting South Africa and Namibia and the nearest... see more

TSXV:KRY - Post Discussion

Koryx Copper Inc. > Red flag oranjes River?
View:
Post by HuberPeter on Jun 12, 2021 5:23pm

Red flag oranjes River?

DSM need a huge amount of water. The river crossed some countries and a agreement will be very difficult.

https://en.m.wikipedia.org/wiki/Orange_River

Interesting would be if there is an option B if it doesn't work in the mid-term future.

peter

Comment by CopperKing101 on Jun 13, 2021 8:25pm
CEO has addressed this situation and remains confident that the Nambian draw that's already in place as a 3 or 4 country allotment plan will be available to service their needs. Seems as though another mine site in the region is closing down as their ore is exhausted, thus leaving their allotment open to use. Still, would need to be piped in, about 15 kilometers, but that's already ...more  
Comment by Yepnewpapy on Jun 14, 2021 9:34am
Water isn't a problem as DSM  may use 2 water ponds.  the primary pond with clean water and when used it will be dumped in a settling pond. When all the waste settle the water in the settling pond can be used again.
Comment by Dfox1204 on Jun 14, 2021 10:01am
with regards to the orange river
Comment by Dfox1204 on Jun 14, 2021 10:02am
inserting you tube didn't work.... https://youtu.be/txLL0LYgYJQ?t=2075
Comment by HuberPeter on Jun 14, 2021 12:46pm
Thank you; much appreciated. peter   
Comment by HuberPeter on Jun 14, 2021 12:30pm
https://www.bdo.com.na/en-gb/industries/natural-resources/mining-in-namibia Mining 25% country’s revenue of Namibia    https://tradingeconomics.com/namibia/gdp-from-mining About 10% of GDP of Namibia    https://www.indexmundi.com/namibia/economy_profile.html about 50% foreign exchange earning of Namibia  https://www.fraserinstitute.org ...more  
Comment by HuberPeter on Jun 14, 2021 1:58pm
Thank you. Do you know the name of the mine? would be very interesting if the water comes from the orange River.  peter
Comment by Popeye82 on Jun 14, 2021 3:01pm
CopperKing, Thanks man. Do you, Anybody also know WHICH Project, Company this is, "adjacent" ??
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