broker report and forward earnings value, page-8

>Their is policital risk here in institutional eyes as SA is now contemplating limiting exports of thermal coal

I believe that there is alot of misunderstandings about this?

Can anyone post just one article that verifies this to be true???

What I do know is that since Jan 2010 Eskom have been pleading the Gov't for more investment into Coal mining.

Please read below:-

Eskom calls for urgent coal investment
Troye Lund | Thu, 28 Jan 2010 21:01

ESKOM, the South African electricity utility, warned a government briefing that future electricity supplies hung in the balance unless there was investment in the country's coal industry - a situation it described as "urgent".

http://www.mg.co.za/article/2009-08-11-eskom-says-sa-needs-at-least-40-new-coal-mines