I have been watching and buying firestone shares for the past two years. My view of the order of things to happen @ firestone (this year still) is as follows (on their own version may say-and a bit more : 1. Get your 30year escom mou (majuba coal delivery) signed-obviously with at least the current 10,4% plus escalation included. 2. Take that brilliantly bankable agreement ( excess of 2 billion tons measured resource) on 4 of your 7 farms (other 3 farms not even tested yet but in the same hot spot, next to (3km away) the future thaba metsi power station and raise the finance for the project. 3. announce the above once concluded. 4. see what the market does. 5. the facts are - escom agreement to majuba 300km away,as you read previously escom contracts to advantaged coys being halved in majuba area due to "lephalale coal mine commitments" 6. dont be surprised if the escom contract looks even better than the current known terms. 7. Mr Phosa recently appointed waterberg coal! etc etc So my question is - do you have as many firestone shares as you should/can afford-I sure do! Time is few..
