pj will have this covered, page-4

I'm with FP on this one. I reckon PJ has something up his sleeve. I refer back to the following announcement Thu 31 Mar 2011 - New BEE partners

I quote ..

"Resource Generation Limited, which is developing one of South Africa’s largest remaining coal deposits, announced today that Fairy Wing Trading 136 (Pty) Limited (FWT), a company owned by a group of South African businessmen and women with strong commercial and government relationships, has agreed to acquire the 26% shareholding in Resource Generation’s Ledjadja joint venture that was owned by its original BEE (black economic empowerment) partner."

.. end quote.

Strong commercial and government relationships! Maybe the SA Government will take up the $375m slack in return for security over the future of SA energy???

Just a thought.