Seriti Resources has confirmed that all conditions precedent to its acquisition of South32 SA Coal Holdings Proprietary Ltd (SAEC) have been fulfilled, and the sale is expected to be completed on 1 June 2021. The new shareholders of 100% of SAEC will be Seriti Resources (90%), and the SAEC Employee and Community Trusts (5% each).
The divesmtment decision has been made in 2017 by S32 and subsequently halted the construction of the 1st. BCB plant until today.
The lenghty sales process comes to its end 01. June 2021. Nevertheless activities recommenced with Seriti some weeks ago. A briquetted 6 tonne sample of fines from a mine in the Middelburg region was tested by a South African power producer and the results are pending.
Seriti Resources has confirmed that all conditions precedent to...
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52760 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1538 | 2 |
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| Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
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