This stock loves closing on a high. That's a good sign. I look away and the next day the closing price keeps surprising. Coal price holding up well in Usd and the Usd has been strengthening against the zar nicely- the currency of our major expenses. The fx rate was approx 12.35 on 31/12/17 and now is 13.68. Currency movements and the coal price have given us a double whammy at a time of increased production.
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Petra Capital Upgrades UNV, page-14
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