Another point of interest to note is that those last three projects are in close proximity to each other and are what we recently referred them to as the "synegistic projects".
Its a major reason that Mashala was taken up as DeWittekrans has the potential to add substantially to CCC's production.
I think it was also mentioned that there is either
* excess logistics/processing capacity
and/or
* mining infrastructure that will soon be available due to mine closures in the immediate vicinity of these synergistic projects.
I vaguely remember that CCC may be looking at purchasing some of the above as a part of these projects capex.No doubt Don would be up to speed with this stuff due to that invaluable intimate knowledge of these coal fields.
d.
CCC Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held