If it wasn't for the Africa factor the two projects pound for pound per se and relative to market cap, would be seen by the market as one of the best value plays.
Ok sovereign risk live with it coz we've got it..factor it in to the price and stop looking at it as though you have never seen it before.
What I'm looking for is not the official rubber stamp for the African asset but the vision statement on the Synergy of the two coal assets. Because the selection of these assets is no mistake and no accident that I'm confident of. But how they get developed simultaneously and to what economies or advantage in costs and price has got me wondering. Maybe the two are totally independent plays?
This management team have my attention.
CDS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
