Hi all Fantastic news is and its only up 2.5 cents with a vol of...

Hi all


Fantastic news is and its only up 2.5 cents with a vol of 270,055, this part below I like the most



4 million tonnes in the year commencing 1 July 2014, 5 million tonnes in the year commencing 1 July 2015 and 6 million tonnes per annum from 1 July 2016. 50% of the coal will be hauled to export ports and 50% to the Mpumalanga Highveld, which is where Eskom’s power stations are located.



50% of the coal will be hauled to export ports and 50% to the Mpumalanga Highveld, which is where Eskom’s power stations are located.


Now does all of that mean that Eskom will take the other 50% or not, and if so at what price for RES ??


It looks like PJ was wright is sooner then later then we think !!




Good luck to all that hold RES