1. Limited geographical diversification: Caledonia Mining Corp operates only in Zimbabwe, which exposes the company to political and economic risks associated with the country.
2. Smaller scale of operations: Compared to its peers, Caledonia Mining Corp has a smaller scale of operations, which limits its ability to compete on cost and production efficiency.
3. Higher production costs: Caledonia Mining Corp has higher production costs compared to its peers due to the challenging operating environment in Zimbabwe, which includes high inflation, currency volatility, and limited access to foreign currency.
4. Limited access to capital: Caledonia Mining Corp may face challenges in accessing capital due to its smaller size and the perceived risks associated with operating in Zimbabwe.
5. Limited growth opportunities: Caledonia Mining Corp's growth opportunities may be limited due to the challenging operating environment in Zimbabwe, which includes political instability, regulatory uncertainty, and limited infrastructure.
6. Limited diversification of products: Caledonia Mining Corp's product portfolio is limited to gold, which exposes the company to fluctuations in gold prices and limits its ability to diversify its revenue streams.
