Hi Pdalgeedies, thanks for the vote of confidence. This project is an anthracite producer, which is a global premium coal, mainly exported from RSA as a sized coal to Europe, and Vietnam plus a reasonable sized RSA inland market. It is high value but carries a high cost on the downstream side due to using the smaller coal terminals, Durban, R bay general terminal, Matola (Maputo).
This project is well sited for both Durban and Maputo ports, a rail link, via Swaziland, to Durban; to maputo; and to Jo'burg.There is eskom power in the area.
I see from the website that there is an old boxcut that needs to have a water accumulation pumped out, may need permitting and acid water treatment?
the time to have a wash plant up and running is around 9 months, but the potential delays her will be regulatory; Mining rights and Section 11 issues plus water license and environmental.
I would say 18 months is a good lead time.
Value? R500 million asset value for the coal.
message to pitman, page-2
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $317.4K | 21.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3599334 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 7189954 | 14 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| AZL (ASX) Chart |