UNV universal coal plc

price target 20c, page-22

  1. 819 Posts.
    "The CSA is excellent. what eskom sells electricity for has nothing to do with coal miners?"

    The point is the CSA is excellent for Eskom. It gets its coal at less than a third of the world price, but it can charge its consumers electricity prices that reflect the world price of coal. If it does that, then it is getting more of the benefit from your coal than you are. It is behaving like a tax collector. I know you are not a power station. You are a wannabe junior coal producer.
 
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