Terrible register, but u you still have to think the market cap represents a large discount? From memory the eskom off-take represents something like a billion dollars NPV assuming a reasonable price...
$250M market cap seems so far away but realistically it's not. Just need to generate some positive momentum from a couple of decent announcements. Change in general market conditions wouldn't hurt either!
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Ann: Appendix 3B , page-3
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024