Analysts are pretty keen to see what the group has in store.
The company has built up a reputation of underpromising and overdelivering, attracting the attention of more and more fund managers as results continue to improve. Mining company OTR Mining needs recapitalisation and a positive cash flow to make a healthy return on investments for its shareholders, says new MD Ron Holding. OTR is looking at mining concerns involved in chrome, emeralds, and platinum group metals. This would complement OTR's existing mining operations of Klein Lethaba mine and Ophir in the Northern Province. Penuell Maduna, the mineral and energy affairs minister, had appointed a special task team to investigate the Diamond Board's pricing impasse with De Beers according to a statement yesterday from Maduna's office.