I thought this should provide some great publicity, found in the CIP report:
Current JORC Resource
Across the three properties, CDS has reported an initial inferred resource estimate of
415Mt, split into approximately 35% coking grade and 65% thermal grade. Zoetfontein
and Lisbon are considered to be mainly coking coal type properties whilst Koert Lou
Zyn Pan is majority thermal. Once RBSA approves of the transaction, Comdek will aggressively target +1Bt coal resource across these three properties.
I was disappointed how they mentioned that "The major risk associated with Comdek is the RBSA’s decision" as I think this is a little misleading as my understanding is that the SARB approval is subject to verifying that the Comdek is a foreign entity and therefore a foreign transaction for Comdek entering into a JV with Lukale. dyor
CDS
comdek limited.
I thought this should provide some great publicity, found in the...
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