UNV 0.00% 16.0¢ universal coal plc

this thing is real, page-6

  1. 1,821 Posts.
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    Pezza,

    i dont mind people giving an informed appraisal of any company,
    but it has to be backed by some facts.

    To call the Kangala project very risky is just not being aware of the facts.
    In fact it is as about as low risk as you can get,

    the mining is being outsourced, it has a set return for every tonne mined, it has capacity to pass on increased costs, it is fully funded, it is 7 months away from producing, it has significant bolt on opportunities , it has a serious major investor just signed up, it has a BEE partner that actually parted with their own money to get into the project,

    the market was aware of S.A when the stock was 40 cents, not much in the country has changed since then,
    someone is having a serious go hat trying to decimate the share price, this has nothing to do with the project fundamentals.I am buying more
 
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