UPDATE ON BOREHOLE SITUATION

With the Cape Town water crisis being in the news again and level 6B water restrictions taking effect on 1 February, we thought it an opportune time to provide an update on the borehole project.

We received the report on the hydrological survey completed in December 2017. The report highlights three drilling locations with good potential. It also looks as though the quality of water is very high and will be potable without the need for expensive filtration.

Borehole quotes have been received. It has been difficult to get timely and accurate quotes as most of the service providers are inundated with business. The lead time currently about three months. The expected cost of the borehole is approximately R150,000-00.

We are currently waiting for a quote to pipe/supply borehole water within the Estate. The idea is, depending on cost, that each property would be able to have water supplied to their boundary. Homeowners can then choose to connect it up to their mains should they wish to do so, or can choose to use it only for external use (once the 6B restrictions are lifted). Please note that the details aren’t finalized yet and we are waiting for a full proposal.

Once we have all the relevant information we will present it to the estate with a recommendation. It will also need to be put to vote. We will do this as soon as possible.