timelines

Pitman posted this last week but there have not been any comments on the timelines between when PJ believes they may commence mining somewhere between Jul - dec 2010 and the power stations first unit to be constructed, if they actually get approval, in about mid 2016 to 2017. The only other minor little difficulty is of course being selected as the supplier.

South African utility Eskom said on Monday it will propose a third power station in December and the first units of its Medupi and Kusile power stations are expected to be commissioned on time.

"We plan to take the proposal for the third power station ... to our board in December. The approval usually takes 3 months," Kobus Steyn, senior GM for Capital Expansion told Reuters.

He said it would take six to seven years after approval was granted for the first unit of the new power station to be built.

Any comments anyone about possible strategies.