As much as I would prefer not to be purchasing Tassie deals now at 20c, we have been waiting quite some time for the SA approval to come through. In that time, coal prices have changed significantly and I can appreciate that CDS have probably moved on Tassie now rather than waiting for coal prices to further inflate or in the unfortunate event that the SARB approval is delayed even further than our expectations. I know that I would rather see that the directors are moving the company forward during these delays than bide their time and be doing nothing while we wait for SARB approval. It gives us further diversification away from SA and another potential project close to rail and port infrastructure. JMHO
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sa power shortage to go on for years, page-13
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