Seaborne outlook - great.
Pricing - depends on whether MCM can successfully get meaningful tonnes into the export market (others struggle)
Tonnage - no view don’t know the mine well enough.
There is potential with the HCC Makhado asset, however I think it needs a JV with a major. As small producers in SA struggle to get anything out to seaborne market. Partially because SA is a basket case, partially because it is corrupt… Enough for me to stay interested, that Senosi announcement about seaborne sales is a massive green shoot. Time will tell to see how it plays out
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