TER 2.33% 22.0¢ terracom limited

Ann: Board Changes, page-33

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    It looks very likely they will make good profits this first half 2021 if they dont have production issues. However, I keep hearing that production numbers will be maintained as per 2021 guidance, yet they also say they have an export strategy for increasing export coal from SA. Does this mean SA coal that was being mined for Eskom is stockpiled and now being exported? Can they maintain Eskom full supply, as winter is approaching in SA, and also increase exports? BA is at full capacity, so where is the extra export coal coming from? Its very difficult to get a handle on where they really are as there always seems to be too many questions and not enough answers.
 
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