The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Agreed about SEZ. Said it here before, if Power China prepared to invest in GCM for Phulbari mine then they should be investing here for Makhado/GSP. That project is still awaiting govt approval but we’re ready to go once complete funding shortfall
So we have results released on Wednesday this week with a webcast at 11am South African time / 10am London. Not sure how much “new” information will be provided here. We all know Uitkomst results aren’t going to be great from the last update on 31st July. From conversations I’ve had:
Uitkomst is in a lot better position now both in terms of “predictable production and pricing”; and
Additionally, with regards to funding, there is a firm expectation they “will close something shortly”.
https://www.barchart.com/futures/quotes/IFFZ20/interactive-chart
Strong demand for thermal coal out of China and India