Welcome to African Energy Resources (ASX:AFR), an ASX listed energy development company
Welcome to African Energy Resources (ASX:AFR), an ASX listed energy development company
African Energy's main focus is the Sese Coal Project, located 50km to the south of the mining hub of Francistown in eastern Botswana. The project has an Indicated Resource containing 500 Mt of coal and an Inferred Resource of 2,230 Mt. An infill drilling programme is currently underway which is expected to upgrade the entire resource to an Indicated status. A conceptual study on the project has commenced to evaluate the feasibility of production at the project, results from the study are expected in June 2011.
Additionally the Company has high quality uranium projects in both Zambia and Botswana, including the Chirundu project with a 11.1Mlb U3O8 mineral resource.
ASX Share Price
| Symbol | Last Trade | $ Change |
| AFR | $0.370 | +0.040 |
Last updated 28/01/2012 (via ASX)
View the AFR share price graph
Prices are delayed by at least 20 minutes.
Coal Price
| Last Trade | $ Change | |
| Richards Bay | US$103.91 | -1.98 |
| Coal Spot Price |
Last Updated 27/01/2012.
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