2 pieces of standout news is that Ferreira is expected provide 141kt in sales to the export market. We had been previously told 120k.
AND THIS:
During the Quarter the Company completed a review of a number of additional acquisition and development opportunities for advanced and producing thermal and coking coal assets in South Africa as well as projects in Mozambique, Zimbabwe, Madagascar and Tanzania. As yet no firm decision has been made on these opportunities.
Review completed to have a footprint in most of southern Africa. Coking coal! No firm decision, meaning a decision has been kind of made. Watch this space!
CCC Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held