NMR 6.25% 3.0¢ native mineral resources holdings limited

Not Botswana - but directly related with our mates in SA next...

  1. 2,353 Posts.
    lightbulb Created with Sketch. 5
    Not Botswana - but directly related with our mates in SA next door.

    Yes - it spells out some potential for competition to coal, via gas fired power plants - but also highlights the unrelenting and growing demand for power in the African continent.

    ---------------------

    Eskom appeal 'a grim warning of energy failure'

    link below.....


    .... for quotes such as

    "the Integrated Resources Plan of 2010 failed to recognize the urgency of the situation"



    http://www.businesslive.co.za/southafrica/sa_markets/2012/01/25/eskom-appeal-a-grim-warning-of-energy-failure

    ---------------------

    Well worth a read.... i wonder where i can by some cheap thermal coal???!!!

    ---------------------

    What does 0.5 cents get me of NMR coal now?

    (Yeah yeah - updated "target" not "resource" - i can be hopeful can't I?! Just let them finish the assays and plug some numbers into the model...!)

    DYOR

    bsh
 
watchlist Created with Sketch. Add NMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.