I would not be too concerned about the drop in SP as it is...

I would not be too concerned about the drop in SP as it is actually healthy to see a decline after a rise.

All I know is this mob have a bigger coking coal resource than AKM and are ALOT closer to producing it and look at AKM's MC for an indication of where UNV is heading once big investors (possibly after Monday) jump on board.

After the recent events in Queensland big coal buyers such as China, Korea and India will all be looking at South Africa to meet their ever increasing demands and UNV is placed fantastically to benefit from that.

And I wouldnt be worried about cashflow as UNV have plenty of cash to bring Kangala into production. Next year when they are looking at their second mine there will already be large investors throwing cash at them like CCC has had recently.

This one is at least a year hold.