We have a large coal deposit that will be relatively cheap to mine(FSE mining costs are 26 ZAR and Prodution costs of 12 ZAR.) Sales Revenue of 150 zar/T for FSE RES will be similar!!!!!
and we have plans to access adequate water supplies, transport facilities and achieve domestic offtake. There is growing demand from both Eskom and overseas markets, and current estimates indicate that the mine has the potential to be very profitable.’ From Announcement
Looks fine to me, still got boxes that need ticking
RES Price at posting:
50.5¢ Sentiment: LT Buy Disclosure: Held