The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Brian Morgan - Morgan Stanley - Analyst
: (inaudible) A couple of questions from my side. Okay. So Deon, does the ZAR6 billion cash balance at the end of June, does that include any
(inaudible) that you might need to make on the Newcastle on the contract bit?
Question: Brian Morgan - Morgan Stanley - Analyst
: Can you just give us like a rough number or even a range?
Question: Brian Morgan - Morgan Stanley - Analyst
: Okay. That's cool. Thank you. Deon, how is the Board thinking about dividends now for the first half?
Question: Brian Morgan - Morgan Stanley - Analyst
: Okay. Cool. And then last one, maybe the -- what -- some tailwind would you have booked for the first half as a result of the currency hedges?
Question: Brian Morgan - Morgan Stanley - Analyst
: Yeah. Okay. Very good. Thanks, Deon.
Question: Ntuthuko Sithole - SBG Securities - Analyst
: I've just got a quick question around Transnet. I was just hoping you could maybe elaborate on the improvement that you expect around the
second half. These improvements are like structural improvements? Or do you feel that this recovery is still a bit fragile and vulnerable to setbacks?
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Question: Ntuthuko Sithole - SBG Securities - Analyst
: And just to follow up on that, once rail does improve, do you think there could be any other constraints like potentially port capacity if rail continues
to ramp up?
Question: Ntuthuko Sithole - SBG Securities - Analyst
: Thank you.
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