Hi Swinga
SA have very small domestic margins on the bulk of they're coal sales as they're contracts are fixed price, however they have enormous reserves which could be exported to the seaborne market. They do have logistics issues, however even increasing exports by 1 ship load a month would yield an extra $6m from them.
Obviously if they could triple output from SA (not unreasonable) the profits for
the group could be in the $30-40m per month.
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Hi SwingaSA have very small domestic margins on the bulk of...
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