SAMBO-2 ZYL is "cheap"by any measure and as KookE rightly says a BFS is on the way soon[by the end of the 1/4 or soon after according to the company] As I said in a recent post the big aquirers will be queing up for offtake or a takeover and once a bid is put on the table[expect after BFS] some of us believe there will be a shuffling for positions in the queue to up the anti. It,s worth remembering that this product, anthracite, will be in negative supply by 2014 if it is not already in South Africa and end users will need to guarantee their future supplies for their furnaces to avoid importing large tonnages as their demand increases. Anthracite users only have limited scope for substituting other forms of coal and Anthracite specific furnaces are still being constructed as I understand for Chromite and mineral sands processing purposes. A glaring BUY in my opinion Sambo
HWK Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
