The meeting was brief. After the resolutions were passed a Geologist (Bob) gave a quick presentation. He was just telling us how much coal is relied on in SA. Also that drilling was under way and results will be in approix 2-3 months.
They have coal from depths of 20mt right through to 120mt which is fantastic. SEKKO have placed a couple of their drills with fse and commenced drilling. They introduced the new director and a SAfrican lady in finance.
They seemed very buoyant in regards to the area they were drilling in and genuinely excited for the future. 8 new power plants to be constructed in the Waterberg area. Waterberg has 50% of the coal in SA. In summary it was mainly to introduce the SA members and elaborate on how exciting the future will be for FSE.
Sorry i couldn't say much more about SARB etc but that was how it happened. Other people who went may want to voice their opinions.
The meeting was brief. After the resolutions were passed a...
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
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