UNV universal coal plc

Ann: Investor Presentation, page-3

  1. 2,099 Posts.
    lightbulb Created with Sketch.  2
    Glisa colliery and mine
    in red the prospecting right under pending mining right

    glisa 2.jpg

    It seems they had trucks run the coal up to glisa colliery for processing for Eerstelingsfontein about 11km away at bottom of pic

    glisa.jpg

    EXXARO took belfast mine out of NBC and are building a new mine there mainly export 2.2mtpa + .5mtpa domestic for $350m, about 10km south east of the glisa colliery
    http://www.miningne.ws/2018/01/26/d...th-exxaro-for-belfast-implementation-project/

    I wonder if there other synergies that we dont know about yet with glisa colliery
    and how they will pay the rehabilitation costs and when its required.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.