I particularly like these extracts from the article:
"Studies showed that the Boikarabelo project had probable saleable reserves of 603,3-million tons of coal, an indicated resource of 569,5-million tons, plus an inferred resource of 1,7-billion tons. Jury pointed out that further drilling was expected to increase the figures further."
"South Africa is expected to consume 269-million tons of coal a year by 2018 to meet its growing energy demands."
Looking very good indeed.....! ;)
RES Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held