At least one offer and no word on others.
Jason Brewer is in Johannesburg analysing any such bids. Maybe an Ann this week or next.
This JB bloke is both a mining engineer and lawyer. Plus has a background in funds management and I would say grew up somewhere in .Africa. He certainly rungs rings about me and I would say 99.5% of the other posters. There are also plenty of experienced more hands on mining directors working for CCC in Africa, so good decision making 'should' follow.
I think things are looking positive. The kind of prices paid for nearby coal mines over recent years have been absolutely extreme. As such I have added to my holding today. Unfortunately I don't have access to enough info to equate it to a sp.
BTW CCC sp has actually fallen in line with other African coal miners.
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