News: AFR African Energy Resources says SESE mining license application accepted, page-4

The world has lost faith in COAL, the investment community lost faith in AFR directors long ago AND there is no sign of the project/s coming from Botswana, South Africa or others.

AFR is in the wrong commodity at the wrong place and the wrong time. With considerable funds in the bank some time ago it should have diversified away from coal dependency.

It appears that although there is a power shortage in southern Africa nobody is in a rush to solve it. Maybe the world powers are putting pressure these countries to avoid coal power generation (global warming) or pay trade consequences. Would be good to know what is going on in relation to this matter.

So AFR is what it is. A company tied to a commodity which is on the nose, a company with mystical projects nobody wants to progress and a company dependent on third party companies to make its future and fortune for it.

AFR has no control over its future and has directors who appear addicted to receiving high fees until the last drop of funds is drained from the company coffers.