time for a share buy back?, page-3

Not going to happen, IMO. DT is itching to use any spare cash for mine development & new acquisitions. I would rather see the cash used to acquire a producing coking coal asset or a lucrative coal lease outside of SA, or even acquire one of the mines near Delta ops to increase throughput and railings of export coal, esp. as transnet seem to have lifted their game lately.

In the meantime CCC need to finalise SIOC, VM & Mashala & commence drawdown of ABSA funds before making too many plans.

M.