Yep - just saying how I see it Pluckster.
Ultimately - all I want to see is the asset, which I believe is the best coal play in SA, by way of seam depth, off takes with Eskom, proximity to plants etc. getting off the ground and making some income.
What I am saying is a down ramp in anyway - just fact from the research I have completed.
I would still say a "buy" IF there was not the uncertainty with what is currently happening. I could not in good conscience give a "buy" recommendation currently.
Again, I feel the board will give the vote of confidence for this takeover. I could be wrong...
Cheers
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Ann: Independent Specialist Valuation report , page-25
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
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