Hairy ,
Source - SIOC-cdt
"Mr Connie Molusi, Chairperson of the SIOC-cdt Board, non executive director of the Company and newly appointed Chairman of CCL said that "We are pleased that our investment in CCL has proceeded, and as a partner with Continental, we can now look forward to working together to further build on our thermal coal mining business in South Africa."
"In addition to the agreement and partnership itself, it will now provide CCL with further capital of ZAR 140 million from the repayment that will now be applied to advance our South African coal projects."
Why would a SA black future fund invest $$$ if no money$ to be made soon ?
Over to you Hairy guy.
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