research gurus27 Aug 2020 13:51
Botswana- SHumba petrochemical plant -
https://www.miningmx.com/news/energy/38198-shumba-to-build-1bn-coal-to-liquids-plant-supplied-by-mabesekwa-prospect/
in April 20 LC said this in letter to SH
Similarly, in Botswana, where we are developing the Mabesekwa Coal Independent Power Project ('MCIPP') with major energy industry player, Shumba Energy Ltd ('Shumba'), a strategic opportunity to develop a multi-project and accordingly multi-revenue stream programme, has been identified. This will comprise developing an established 761Mt coal deposit into a coal mine that will feed two power stations. The first of these being a 300 MW power station envisaged to provide power to Shumba's petrochemical plant, which will first provide Botswana with up to 80% of its domestic liquid / gas fuel requirements, and later the Southern African market at large - Kibo has a 35% interest in this and the petrochemical plant is supported by two major Chinese conglomerates. The second is a 250-300 MW power station, planned to feed into the Botswana power grid - Kibo has an 85% interest in this.
so fag packet thats 400 mt at 35% and 300mt at 85% . best scenario
price per tonne less all in costs x 700m --- hmmmmmmmmm