RE: Potential dividend? + Co. value?4 Feb 2022 11:04
guys, lets not get to far ahead with ourselves otherwise we are setting ourselves up for a fall. a %age of every ton will be allocated towards various costs . one that hasn;t been mentioned is the community. in a blog or whatever they are called mr. ndlovy ceo stated that profits will be shared with the community ..let's remember that they own the land and by definition the coal and rightly share the spoils.. in effect the town the labour and their families live is supported by the profits from the coal. currently building a water treatment plant. that's why i get ****ed when they vandalize and steal from transnet, its like smashing in my windows and wondering why i'm cold. to the best of my knowledge the mountain of coal, over 1million tons, is still there delaying progress. the plant costs must be enormous and transport to customers also. don't want to p*ss on anybody's chips but lets keep it real.