Ann: New coal tenements to be acquired , page-14

If Exxaro sell in low price, it could be cost too high.

Part of the article from 2 days ago:
"On the other hand, the Waterberg coalfield in the Limpopo province is largely untapped and has been touted as the next major coalfield to be exploited," he said, according to a copy of his speech. "But there are challenges. The Waterberg fields have thick coal seams and are embedded in siltstones and shales. This means that the extraction will be harder and require more input costs than in other fields," he said. The cost was high, R300 per ton which was double the R150 per ton industry standard..."

Full article:
http://www.postfreeadsinternet.com/south-african-coal-reserves-dwindling/