Couple of points guys,
-Sibanye are in discussions with a number of other coal miners with IPP aspirations. the future of IPP in SA is far from certain and settled.
- The "coking" coal available is in fact "soft" coking coal with very low swell and other coking properties. The yield of this coal is probably under 10% in practical terms, and the creaming off of this fraction dilutes the quality of the remaining thermal coal.
Not wishing to p... on anyone's barbie but this issue is felt by all potential coal miners in the Waterberg and Botswana.
- Forums
- ASX - By Stock
- RES
- Ann: Annual Financial Statements - 30 June 2016-RES.AX
Ann: Annual Financial Statements - 30 June 2016-RES.AX, page-45
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online