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Online Share Trading

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Eina!!!

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Plonky
Super Contributor
Well...who was it saying watch out if there is some bad news ??? looks like the bad news has arrived here...CZA falling fast... I think it must have something to do with the Mooiplaats Mine...any other suggestions.
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5 REPLIES 5
Roniqua
Contributor
man i was looking at buying some last week. so glad i forgot. lol
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asylum
Super Contributor
the only news is that thier raissing some cash. JSE and ASX-listed miner Coal of Africa (CoAL) is raising ₤59.6m (about R715m) to buy unlisted South African junior NuCoal Mining. Maybe time to aquire a few more shares.
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jannie2
Contributor
is this a good level to buy ?
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Plonky
Super Contributor
I guess it depends on how long you are prepared to wait... I dont believe this share will improve until the Vele Project gets the go-ahead. The DME is stalling the whole process, by not granting the mining permit. Shareholders are getting impatient.
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Dididi
New Contributor
I think it's more to do with Vele license..."Green boys" seems to be strong and winning...or Maybe DME wants worldcup to go without World Heritage site (Mapungubwe)protest...can only speculate...very frustrating situation !!
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