RE: Results 22nd March16 Mar 2022 14:15
Ok, any takers here? We know the cash pile was +- ZAR 8B at the end of Nov. How much cash have they generated since then?
My guess:
Dec +R 800M
Jan +R 900M (coal price $168.5, $/R 15.5, 125k tons)
Feb +R1200M (coal price $196.4, $/R 15.3, 125k tons)
This makes it +-R10.9B at the end of Feb. Just over half the current market cap of R20.6B March looks like it could add another R2.0B - R2.7B, depending on how the coal price holds up.
Any other suggestions?
Also, do we know if the dividend declaration will be based cas held at end of Dec, or cash held closer to the declaration date (e.g. Feb/March)?