Delayed I think but by how much? Detail saids developement starts October
Highlights
Production 100,000 – 125 000t/month
Coal Product PowerStation coal (possible wash)
Coal Sales Free on truck (mine gate)
Sales Revenue 140‐180 ZAR/t
Operating Costs 90‐110 ZAR/t
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Recently acquired 60% economic interest
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Mining license submitted, awarded May 2009
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Delmas area adjacent to Kendal PowerStation
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Opencast contract mining (low upfront development capex)
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17 million tonnes measured
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Approx 5m seams, strip –2.4
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Mine plan in place with development Oct 2009
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