Not sure how many of you either bought or hold this little coal special that's sitting on such a massive resource! 10 hours ago, Google, Transnet Rail seaedl the deal , first rail Botswana Coal to south Africa / Durban to commence next month, 2 trains per week to start, 35 cars per train, the Botswana coal export story is unfolding, also just up on NMR website Newspaper clip, Namibia and Botswana Rail agreement to be signed
For us holders and accumulators it means a pretty serious re rate is here, now that we know how we will commercialize. The company released a basic but good update 2 months ago and it lead to a month price ride to the mid 2c range.
It's been sold down on tiny spec amounts from what I guess are weak holders.
You will need to dyor here so you know what you are potentially getting in to, but for the Dt guys and gals guessing you can get a few 50% runs from this level and keep re stocking. Should go towards 10c over medium term now
