Member Info for Hemmings8

6.3 billion tonnes. Just think about that for a minute. A long way away from development but we paid $75m for GSP from Rio.

Spoke with company, all commercial terms have been agreed for 2nd hard coking coal off-take ageeement, just finalising the legals.

Thanks Boz. Looks like upward trend should continue from here.

Yes, lack of stock available Market needs to re-rate surface rights, off take etc

754 trades on JSE =42p

Very true. DB often mentions how attitude towards us has changed by the banks, this should be true for rest of investor community. However we need to get our market cap higher before some of these companies can invest.

Nice to see clip go through and move price. AGM next week

Should start to tick up

Again decent Uitkomst numbers, not far from being self sufficient

Ok, no problem mate, understand. Heard they had successful trip to London with lots of interest.

Will try and make it this year. Any news Boz?

Did they not say this during webcast for results presentation? Think mentioned here before as well

Thanks for that. I believe they were hoping to have GSP mining rights completed by end of September. Was signed off but admin error meant needed to be redone. All about Makhado and land access still

How are you Jantand? Looks like might be keeping Vele.

Vele purchased 2009. Long before DB joined. Uitkomst quality asset

$212m loss in 2011 to forecast $27m profit in 2020.

I suggest you take as a starting point when DB took over, the losses etc at time to where we are now, potentially have a net operating profit next year. I recall having a convo with friend at Glencore who expected us to go bust and question why DB took the job. Why not come along to AGM next month and vent your frustration there?

Looks like someone threw towel in this morning

A bit more https://www.miningmx.com/news/energy/34511-mc-mining-studying-alternative-plan-for-makhado-if-snared-in-long-term-land-claim-dispute/ MC Mining was now looking at an alternative “phased” approach through which it could start mining at Makhado during 2019 without accessing the two farms in question. He declined to give any specifics on this alternative approach at this stage and said these would be revealed probably in March. MC Mining has to gain access to those farms to build its processing plants.

Fuse has been lit. Tick tock