Thanks for the kind comments Rob. I dont see any point in posting c**p for the sake of posting.
It looks as if the FSE take over bid will be pushed out again, the BFS is well behind target (sounds familiar for SA). I dont say that the BFS is a stalling point but i would imagine a good BFS could well do things to the SP.
In contrast to RES, FSE are hanging their hat on an Eskom deal, and until Transnet get their railing capacity up to speed, it is unliklely that much coal is going to go to Eskom stations in Witbank before 2018. bear in mind that any spare capacity has been signed up by RES , as it comes available. Asd afr as i know FSE and TFR do not have a formal railing agreement.
RES Price at posting:
34.5¢ Sentiment: None Disclosure: Not Held
