Forbes & Manhattan Coal Corp. (Forbes Coal) is a coal mining company. The Company is a coal producer with operations in South Africa. Forbes Coal holds a 100% interest in Slater Coal (Pty) Ltd. (Slater Coal). Slater Coal indirectly holds a 70% interest in the Slater Coal Properties through its 70% interest in Zinoju Coal (Pty) Ltd. (Zinoju Coal), which holds all of the mineral rights with respect to the Slater Coal Properties. The Magdalena Property is located 22 kilometers from the town of Dundee in KwaZulu-Natal and consists of approximately 1,844 hectares. The Aviemore Property is located 4 kilometers from the town of Dundee in KwaZulu-Natal and consists of approximately 5,592 hectares. As of February 29, 2012, its operating Magdalena and Aviemore mines had a resource base of 51.7 million tons of bituminous (also known as thermal or steam coal) and 35.7 million tons of anthracite coal (with an additional 15.1 tons inferred).
|Headquarters||8th Floor, 65 Queen Street.|
TORONTO, ON, Canada M5H 2M5
|Chairman of the Board||Craig Wiggill|
|President, Chief Executive Officer, Director||Stephan Theron|
|Chief Financial Officer||Deborah Battiston|
|Chief Operating Officer||Malcolm Campbell|
|Vice President - Finance||Sarah Williams|
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|Shares Out.||34.4M||Book Value||$2.56|
|Annual Dividend Rate||$0.00||Price/Sales (TTM)||0.2|
|Ex-Div Date||1/1/01||P/Cash Flow (TTM)||2.8x|
|Pay Date||1/1/01||Operating Margin||-11.14%|
*GAAP = prior to non-GAAP analyst adjusted earnings.