Ishareinfo.tv recently carried out a series of interviews with Strategic Natural Resources (Epic: SNRP.L) who are the majority shareholder (74%) in the Elitheni mine (www.elitheni.co.za) in the Eastern Cape in South Africa. These interviews were with recently appointed Deputy Chairman, Don Nicolson (http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11254736) and SNR’s CEO, David Nel.

Don Nicolson has nearly 30 years’ experience in the energy sector, 26 of those with BP where he ran large scale oil businesses for BP in Canada, Alaska, Houston Texas and also in the North Sea. In the latter years he worked in corporate roles and was chief of staff to Tony Hayward. He then became CEO at Scottish Resources Group, the UK’s largest open cast mining group.

Don talks about having run production businesses before which is the stage Strategic is now at and that in working with Strategic he see’s big upside potential. Don also tells us how very impressed he is with the company quoting ‘a great resource base of 266 million tonnes on just 6% of the mining area, great routes to market, two ports waiting for new business and how important Strategic is to the Eastern Cape of South Africa’

The Eastern Cape is the second largest province in South Africa and also the second poorest, but the Elitheni project is one of the top three projects in the Eastern Cape according to government officials. The company is very fortunate to have very strong provincial and national government support.

Furthermore, Don goes on to explain how undervalued the company is in share price terms based on the size of resources, being weeks away from revenue and the huge upside potential in their prospecting and mining right’s, as well as the potential for a power plant at the mine in the coming years. He tells us that the company has a potential one billion tonnes of coal to mine and that his role will primarily be focused in the city of London with institutional investors and private client brokers as well as private investors to sell the SNR story.

In summary, Don believes that SNR is a really compelling investment

David Nel, CEO openly discusses the broker reports that have been released on the company this year by Allenby Capital (www.allenbycapital.com) with inclusions from Edison Research and also SP Angel www.spangel.co.uk) and takes the…

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