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I believe Pdog has made many very good points and I hope all of our questions will be answered "soon".......Part of it already has with that slip about the IDC.....

It's the economy, says Zuma The Eastern Cape would benefit from a drive to improve its industrial and agricultural sectors and maximise their export capacity, he said. http://www.fin24.com/Economy/Its-the-economy-says-Zuma-20120209-3

Zuma: We're committed to mining sector In his annual State of the Nation address, Zuma also pledged a R300bn, seven-year investment plan for state rail and logistics company Transnet to help it increase the shipping of iron ore and coal for export. http://www.fin24.com/Economy/Zuma-Were-committed-to-mining-sector-20120209

8/10/2011 Media Release MEC Mcebisi Jonas and Transnet Group CEO Brian Molefe sign agreement to foster working relations for encouraging economic growth in the Eastern Cape. To realise key partnerships identified as pillars for strengthening the strategic framework for economic growth and development, Eastern Cape MEC for Economic Development, Environmental Affairs and Tourism (DEDEAT) Mcebisi Jonas signed a collaboration agreement with Transnet Group CEO Brian Molefe to put practical actions for advancing work on the port and land use plans with the ultimate focus on economic growth, social upliftment and environmental sustainability. http://www.dedea.gov.za/News/Pages/DEDEATandTransnetcement.aspx From the SNRP RNS 14 December 2011 Strategic Natural Resources PLC ("SNR" or the "Company") Local Coal Supply Agreement Signed "and looks forward to being able through the Department of Economic Development see further enabling synergies come to fruition." http://uk.advfn.com/news/UKREG/2011/article/50416552 I can't see where Public Enterprises Minister Malusi Gigaba has announced those three rail branch line concessions that he was suppose to have done last Dec..........

http://bit.ly/xrCU6T

http://mining12.mapyourshow.com/5_0/exhibitor_details.cfm?exhid=6489116

Established in 1940, we are a national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the Economic Development department.

Geoffrey Qhena INDUSTRIAL DEVELOPMENT CORPORATION - CEO " Since, however, mining also creates jobs, the organisation has joined with Sekoko Resources to fund its Waterberg Project with Australian listed Firestone Energy, as well as funding the Elitheni coal project in the Eastern Cape. Both create industries in formerly impoverished regions." http://www.miningmx.com/pls/cms/mmx_rain.profile_detail?p_nid=374

“Minister Shabangu will officially open the Mining Indaba on Tuesday 7 February 2012,” read an event statement. “During her address the minister will provide an update on the country's mining policies and other related initiatives. The audience ‒ made up of financiers, investors, government delegations and mining professionals ‒ will be the largest in the event's history.” http://www.miningreview.com/node/20430

"The coal industry has to increase its investment in clean coal technologies and research programmes, Minerals and Energy Minister Susan Shabangu said on Thursday." http://www.timeslive.co.za/scitech/2012/02/02/coal-must-become-cleaner-shabangu

Did anyone pay attention to the additional notes? "The Project has been a joint collaboration and initiative of the Eastern Cape Government and the IDC. The Honourable Premier of the Eastern Cape, Premier Noxolo Kievet has been quoted as giving her full support to the Project given the jobs and sustainable development for the Eastern Cape the Project will create. The Premier is further pleased that Elitheni Coal one of three flagship projects for the Eastern Cape has been able to play an enabling role in the viability of the Project and looks forward to being able through the Department of Economic Development see further enabling synergies come to fruition." We are one of three flagship projects in the East Cape and with all of this Gov. support mentioned above.......:-)

"But government has argued that the acquisition of coal from the Eastern Cape’s Indwe mine will turn this aspect into a strength. “It bodes well for the economy of the Eastern Cape, since all the needed materials will be sourced locally.”" I can't get the IDC (Cradock) out of my head now.... http://www.idc.co.za/index.php?option=com_content&view=article&id=27&Itemid=288 David Nel, CEO of SNR and Elitheni, said: "We are delighted to be a part of this IDC funded project. Supplying our coal to local industry is a strategy we as a company have considered to be viable for a long time and it is encouraging to see our endeavours come to fruition after a "great deal of interaction with the IDC." http://uk.advfn.com/news/UKREG/2011/article/50416552

It will be interesting to see what direction we will take with the financing......Please correct me if I'm wrong but I believe we have 62 million shares left to barter with in a placing......

January 27, 2012 - Views from the Trading Floor Fox-Davies Capital http://bit.ly/xiVdWq

I hope so......It's starting to look very good from here.....:-)

LOL....OK everyone you can use the word Cradock now......:-)) Green jobs boost for East Cape 27 January 2012 Guy Rogers rogersg@avusa.co.za "One of the criticisms has focused on the proximity of the biofuel factory site to Cradock’s Lingelihle township and the pollution which, watchdog groups have said, will come from both the plant itself and the emissions from the furnace that will drive the coal-fired factory engines. But government has argued that the acquisition of coal from the Eastern Cape’s Indwe mine will turn this aspect into a strength. “It bodes well for the economy of the Eastern Cape, since all the needed materials will be sourced locally.”" http://www.peherald.com/news/article/4585

Hand in hand..... 23 January, 2012 18:06 Eastern Cape auto cluster takes shape "The connectivity of the region relates to three critical corridors - Port Elizabeth-Gauteng; East London-Gauteng and East London and Port Elizabeth." " The Eastern Cape is home to four of the country's car manufacturers: General Motors, Volkswagen SA, Mercedes Benz SA and Ford SA" http://www.businesslive.co.za/southafrica/sa_markets/2012/01/23/eastern-cape-auto-cluster-takes-shape

Coal logistics - Slow load Slow train still coming Charlotte Mathews Thursday, 26 Jan 2012 New investments in coal logistics have been announced in the past few weeks, raising hopes that the bottleneck in Southern Africa’s transport infrastructure which is strangling coal exports is beginning to ease. "Transnet is also studying options for coal exports in the Eastern Cape, its spokesman confirms . Elitheni Coal plans to ship about 2Mt/year of coal in containers through East London. Transnet is considering the environmental impact of doing so, as well as on key customers like DaimlerChrysler."

"Yes I will release another report in Q1 2012." SPAngel

Has anyone checked out the 3 Progress reports on the bottom of the Social-Projects?......I'm impressed......:-) http://www.elitheni.co.za/social-projects/