Member Info for substp

They live in the mine area (Desperately wanting for it to work) and just wanted to show us that the coal was being shipped out of the there once again. Were on there way to another project.

Futures trade set to help coal sector by Monde Maoto , 01 February 2013, 10:01 "A COLLABORATION between brokerage firm London Commodity Brokers and the JSE has set its sights at establishing South Africa’s first open trade futures market, which promises to offer a solution that could allow junior coal miners to sell their thermal coal at a specified future date. Junior coal miners often find themselves getting poor prices for their coal due to their lack of transport infrastructure. Presenting to delegates attending the IHS McCloskey South African Coal Exports Conference, the MD of London Commodity Brokers’ Johannesburg office, Bevan Jones, said the new contract targeted the export market along with South Africa’s industrial sector, as well as benefiting Eskom." ""What we are seeing is that there is a lot of demand from India over the next five years, and the question is, do we have adequate capacity to match that demand," Ms Damasane said." http://www.bdlive.co.za/business/mining/2013/02/01/futures-trade-set-to-help-coal-sector

https://twitter.com/srnsalmon/status/297012081755045889/photo/1

contains a calculation error/typo. At a stated monthly capacity of 135000 tonnes, the washing plant has a daily capacity of 4500 tonnes and not 45000, as stated. 4500 X 30 = 135000 tonnes per month

Creamers Media Mining Weekly Elitheni coal washing plant achieves planned throughput rates 28th January 2013 Updated 50 minutes ago http://www.miningweekly.com/article/elitheni-coal-washing-plant-achieves-planned-throughput-rates-2013-01-28

"The Company is now processing its own coal and will hopefully give an update on yields etc in due course." Posted on: Jan 28th, 2013 http://goo.gl/OxYpR

Back on track again....:-)

http://easterncape.gumtree.co.za/c-Jobs-general-jobs-Miner-Position-W0QQAdIdZ450149111

HMMM no moss growing here....:-) http://easterncape.gumtree.co.za/c-Jobs-construction-engineer-miners-and-shift-bosses-in-coal-mine-W0QQAdIdZ448475268

800 containers built as of today. First load of coal to be loaded at PEL from Cambridge by the end of Feb. and back to Queenstown/PEL afterwards.

"Just back from Queenstown saw a truck of coal en route so it seems they are moving coal to day"

Not that I know of . They were cleared previoussly but a group tried agiain but I don't know the outcome.

From Bin Man on iii http://www.ihs.com/events/ihs/coal-exports-conference-2013.aspx I understand that SNRP are presenting at this major international conference in Cape Town next Wed, Thursday - which is a significant event and opportunity to showcase the company. Why are you learning about this on a bulletin board and not on the company website??? Come on management, start communicating!!! BM Well done Bin Man Look at who the two sponsors are......and Elitra leads you to the Trasteel web site http://www.cvent.com/events/ihs-mccloskey-south-african-coal-exports-conference-2013/custom-17-f4133272f9544084a0fa4dd19cc14265.aspx

"The guys from PJ tec who installed washing plant left the B and B"

Interim results ending 31/8/12 As the Company is transformed from an exploration business into a coal production business, we intend to change our financial reporting timetable by extending the current year end from the end of February to 30 June. This will allow us more time to more accurately reflect the economics of an operating coal production company in what will become the current financial year, which in turn will allow shareholders to assess our level of profitability at prevailing coal prices and cost levels at near steady state production. The change of year end will necessitate the production of a second set of interim figures for the six month period ending 28 February 2013 and the issue of Report and Accounts for the 16 month period ending 30 June 2013. A further announcement regarding the proposed change of year end, which will incorporate a revised reporting timetable, will be made upon the relevant filing with Companies House becoming effective. http://www.snrplc.co.uk/admin/resources/snr-interim-2012.pdf

"The publication of the determinations will be followed by a procurement programme, and more detailed information would be available at that point." I think maybe after the Eskom tariff hearings, possibly in Feb.

Eskom’s asset revaluation, returns come under scrutiny as hearings start By: Terence Creamer 15th January 2013 "CEO Brian Dames indicated that 13% of the proposed increase would cater for its own needs, while the remaining 3% would be required over the period to support the introduction of independent power producers (IPPs), including renewable-energy IPPs. Should the tariff increase be approved, Eskom’s average selling price would rise from 61c/kWh currently to a nominal 128c/kWh by 2017/18, or a real price of 96c/kWh. A good portion of the revenue requirement applied for in the application related to anticipated primary energy costs of R355-billion over the period, the bulk of which related to the purchase of coal." http://www.engineeringnews.co.za/article/strong-push-back-against-eskoms-16-tariff-request-2013-01-15

Hot off the Press!!!!! R1,5 billion required for East London port expansion 14/01/13 With regard to the establishment of a dedicated coal export terminal, Transnet said studies had confirmed that S berth was the most suitable and the old shipyard site was the best option for stock-pile purposes. S berth had the “quay integrity and strength” required and the maximum depth available. Among the benefits from this option were the links between the old shunting yard and the shipyard area and the optimisation of the land area for maximum stockpiling. In addition, this proposal is cheaper than the alternative viaduct option S Berth is next to the grain elevator.....:-) http://www.getnews.co.za/story?id=2037

Whoaaaa! Did anyone spot the concession of the Stormberg Rossmead Lines???? "There are two main options for rail transportation of the Molteno coal. Both options include the coal being loaded at a railhead at Syfergat, sidings between Molteno and Sterkstroom.  Option 1 – Rehabilitate the Rosmead to Stormberg branch to 18.5t axle capacity using appropriate serviceable materials. This will need some track to be renewed and some to be relaid as 30% of the existing route has already had its track recovered. Trains will then move: Syfergat – Stormberg – Rosmead – Coega, a distance of approximately 500km"

Q&A’s for the Transport Sector, 2012 Is there intention of Transnet Freight Rail to concession any railway lines in Nelson Mandela Bay and/or the Eastern Cape 02/11/2012 Question for written reply Question no.: 3076 Date of publication: 02 November 2012 3076. Mr D C Smiles (DA) to ask the Minister of Public Enterprises: Whether it is the intention of Transnet Freight Rail to concession any railway lines in (a) Nelson Mandela Bay and/or (b) the Eastern Cape; if not, why not; if so, (i) which lines will be commissioned and (ii) what are the relevant details, including when the concession(s) will occur? NW3901E Reply: According to Transnet: (a-b) Yes, Transnet Freight Rail intends to concession the narrow gauge railway lines in the Nelson Mandela Bay Metropolitan Area and the Eastern Cape. (b)(i) The following lines in the Eastern Cape have been earmarked for concession: Umtata Amabele line; Sterkstroom Maclear; Stormberg Rossmead lines; Dreunberg Aliwal North to Barkley East lines; Rossmead Klipplaat line; Alicedale Grahamstown Port Alfred line; and Barkley Bridge Alexandria line. (b)(ii) The timelines for these concessions will be an outcome of the engagement processes with stakeholders. You are here: Parliamentary Update / Q&A’s / Transport / 2012 http://www.dpe.gov.za/parliamentary-1275