What you also need to know - and I have been writing on for some months - is that Transnet is re-allocating the tonnage per client for the export line All contracts and allocation end December 31st 2026 and the new dispensation starts January 1st 2027 Announcement should be made mid-December (but) I'd wager there may be challenges as the big boys (Kumba, Assore, ARM etc) potentially see their allocation trimmed to meet the new mandate of assisting small-to-mid scale BEE iron ore miners - like $JSAFT Afrimat as one example (they have a current export allocation of 870,000 tons but its never been fully utilised as Transnet has under-performed for years on that line) Should #AFT gain a sizeable increase in allocation - I've written it (could) rise from 870kt to @1.5mKt ... they #AFT no longer have to sell at below spot cost (R1,500 a ton) to the failing Arcelor Mittal SA and can export their higher quality iron ore banking greater revenue & profits Currently #AFT can't export so the only domestic buyer is AMSA & they pay way below market. Granted , #AFT still make an nice markin but its well below global prices Granted, on any higher export allocation #AFT will still have to pay a % marketing fee to Kumba + elevated shipping costs BUT better to get nearer spot R1,500 a ton than sell to AMSA at @R800 a ton That's one of the silver bullets that (could) be a win for #AFT alongside selling cement and using proceeds to reduce the R1,6bn (50% gearing) debt Results and the narrative tomorrow could be interesting to listen too

Medical scheme premiums in South Africa are rising faster than inflation, amid rumours that the drivers are cardiac and clot-related. Right now an actuary somewhere has been tasked with coming up with an explanation that is not related to the Covid shots.

How many countries do these asylum seekers skip to get to South Africa? And, why South Africa?

Not a single women or child.

The 25-year-old followed her national 5km record with another record-breaking performance in Romania, this time with a new SA 10km record. Read the full story 🔗 goodthingsguy.com/tayla-kava…

Congratulations are in order @adamlipschitz

Vars boerebrood met regte botter en moskonfyt. Sterk boeretroos in 'n erdebeker. Wat's beter?

Pepkor (PPH) Entered last wk on pullback/s to 17 levels Thought the selling was overdone from recent mid 20 levels Lots of developments re Fintech / Banking etc, all of which I'm paying little attention to Just focused on Price Action & Volume Longer term play

Thanks Frans. I think it's just the platform I'm using that reflects the incorrect price. I checked on Trading View, I don't see that error.