NMR native mineral resources holdings limited
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Not Botswana - but directly related with our mates in SA next...

  1. bigshareshead
    2,565 Posts.
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    29/01/12
    04:34
    Post #: 9609792
    Not Botswana - but directly related with our mates in SA next door.

    Yes - it spells out some potential for competition to coal, via gas fired power plants - but also highlights the unrelenting and growing demand for power in the African continent.

    ---------------------

    Eskom appeal 'a grim warning of energy failure'

    link below.....


    .... for quotes such as

    "the Integrated Resources Plan of 2010 failed to recognize the urgency of the situation"



    http://www.businesslive.co.za/southafrica/sa_markets/2012/01/25/eskom-appeal-a-grim-warning-of-energy-failure

    ---------------------

    Well worth a read.... i wonder where i can by some cheap thermal coal???!!!

    ---------------------

    What does 0.5 cents get me of NMR coal now?

    (Yeah yeah - updated "target" not "resource" - i can be hopeful can't I?! Just let them finish the assays and plug some numbers into the model...!)

    DYOR

    bsh
    NMR Price at posting: 5.3¢ Sentiment: LT Buy Disclosure: Held
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