I have done a lot of research on this company, which also includes the assets and political location.
Some of the areas unv will mine have a long history of coal mining which means they will have no restistance.
The current South African mines minister believes that south africa has missed out on mining opportunities.
The minister wishes to encourage stability and confidence in the mining community.
Mining activites in South Africa have reduced as a percentage of GDP per from 8% to 4%. The governement wants this to increase by improving confidence and transparency for investment in South Africa.
The management in unv have experience in coal mining in the region.
In my opinion UNV have all the right ingredients
which are insitutional backing, location,
good politics, expertise, money, resource, infrastructure, markets, offtake agreements and a variety of different projects.
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