Ann: Universal Coal's Next Project Now Fully Permitted-UNV.AX, page-7

wow. now this is surprising for us long term holders. Didn't expect that IWUL to kick off. It will be interesting if we have the financial capacity to push this into development for production immediately. I hope management is onto it.

FULL STEAM AHEAD! With NCC mine up and running this quarter and coal prices up this could be the perfect storm to get everything up and cashflow up and running "incase" coal prices backpedal abit.

May be coming full steam now. Have to watch out if CZA or someone else try to swoop in for another punt at the takeover offer....

first time trading at 15.5 in normal trade (no takeover) - interesting times!!!

Also note many names I haven't seen before so obviously more outside interest in the ticket code - which is always a good thing.


Edit: just finishnhed the announcement. It doesn't state what they'll do next, looks like that'll come in a seperate announcement hopefully soon. They have highlighted the Kangala link. I guess they will be pushing ahead for not only development but offtake? Don't think it can be pushe dinto the Kangala production feeding into Eskom? Unless they need more? So i assume new offtakes required.