Universal Coal PLC
Paul Sanger is Investment Banking Executive with over 30 years of experience focused on global capital markets. He is the former Managing Director and Head of Distribution (Asia) for Citi, where he managed and maintained a team of over 350 financial market professionals across 10 countries in public capital markets. Paul has a long background dealing with the senior management of listed and unlisted corporations on public market strategy and has extensive experience in the entire lifespan of a publicly listed entity, including IPOs, mergers and acquisitions, asset purchases and sales, restructures and capital raises. Previous to this, Paul ran the local trading operations of the firms Australian and Japanese arms. He is a proven leader and business strategist with an intimate knowledge of financial markets and corporate governance issues.
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Universal Coal PLC
Universal Coal Plc is engaged in coal mining, coal beneficiation, and mineral exploration and development of coal interests in South Africa. The Company's segments include Exploration and development of coal; Mining and sale of coal, and Corporate. The Company's thermal coal projects include Kangala Mine, NCC Roodekop Coal Project and Brakfontein Coal Project. Its Coking Coal Projects include Berenice/Cygnus and Somerville. The Kangala Mine produces approximately 2.1 million tons of saleable coal per annum and is located approximately 65 kilometers east of Johannesburg. The NCC Roodekop Coal Project is located over 35 kilometers south of the town Witbank and is in development. The Brakfontein Coal Project is located in the Delmas District approximately 20 kilometers south of Kangala Mine. The Berenice-Cygnus Coking Coal Project is located in the Soutpansberg coalfield. The Somerville Project is located in the Tuli coalfield, northwest of the Soutpansberg coalfield.