@julianreins_jse what capex timeline though, cash position looking tight to meby @replicant_2209 on $SUR

SUR sitting at R44.69 but the rand weakness is actually helping exports, check the MD&A on fx headwinds from last quarter. Margins compressed but volume growth offsetting it, been watching the inventory turns improve which suggests demand is real not just pricing. Could read as a recovery play if they execute on capex, comparable multiples to RMH are still cheaper here.