Hi analyst,
It's a no brainer IMO, $250 million cash on hand, hard coking coal and thermal coal close to Eskom power station, LT off take with Mittal for coking coal. Heres the latest stuff to get you started.
http://www.minesite.com/fileadmin/content/pdfs/brokers_notes_sept08/CoalofAfricaFosterStockbroking190908.pdf
http://www.proactiveinvestors.co.uk/companies/news/3647/coal-of-africa-plenty-of-coal-and-plenty-of-cash-to-develop-it--3647.html
market cap, page-6
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