Canaf Investments Inc V.CAF

Alternate Symbol(s): CAFZF

Steel Steel

Canaf Investments Inc. is focused on investing in diverse sectors in South Africa. The Company owns 100% of Quantum Screening and Crushing (Pty) Ltd., (Quantum), a South African company that owns 70% of Southern Coal (Pty) Ltd., (Southern Coal), a company that produces a high carbon, de-volatized (calcined) anthracite. It also owns 100% of Canaf Investments (Pty) Ltd., a South African holding company that owns 100% of Canaf Estate Holdings (Pty) Ltd., 100% of Canaf Agri (Pty) Ltd., and 100% of Canaf Capital (Pty) Ltd. Southern Coal processes anthracite coal into de-volatized anthracite (calcined anthracite) for sale mostly to steel and ferromanganese manufacturers as a substitute product for coke. Canaf Estate Holdings (Pty) Ltd. is a property investment company focused on acquiring, redeveloping and renting properties primarily within the suburbs of the old Johannesburg CBD. Canaf Agri (Pty) Ltd. is exploring investment opportunities in the agriculture sector in South Africa.

TSXV:CAF - Post by User

Canaf Investments Inc > Low valuation + possible claim

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Comment by wiseman_321on Nov 08, 2022 10:16am

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Post# 35081749

RE:Low valuation + possible claim

I found this extract back in MD&A for YE2016..

"The Company has received no new information since 2014, and the Company remains unable to give an indication of either the quantum or any likely date by which a settlement will or will not be reached. The original claim, before costs, is for a money sum of US$10,370,368 as at the 24th January 2007."

Prob claiming more now given the time that has passed and where Copper and Cobalt prices are.

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