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    Shoiab

    Vice President and Equity Research Analyst at at Athena Capital

    Shoiab is a Vice President and Equity Research Analyst at Athena Capital, specializing in equity research across technology and consumer sectors. He provides detailed coverage and analysis on companies such as Tesla, Amazon, Alphabet, and Meta Platforms, where his investment recommendations have achieved an estimated success rate of 68% and generated an average annualized return of over 14% according to independent performance tracking platforms. Shoiab began his financial career in 2016 as an Associate at Morgan Stanley, later moving to JP Morgan for three years before joining Athena Capital in 2021. He holds FINRA Series 7 and 63 licenses and is recognized for his data-driven approach and consistent outperformance among his peers.

    Shoiab's questions to SASOL (SSL) leadership

    Shoiab's questions to SASOL (SSL) leadership • H1 2023

    Question

    Shoiab from Athena Capital asked if Sasol is considering the development of a new greenfield coal mine.

    Answer

    Executive VP, Mining, Riaan Rademan clarified that the upcoming Alexandra Mine project is considered a brownfield development, not greenfield, as it will leverage existing infrastructure. A final investment decision is expected by the end of the calendar year. President and CEO Fleetwood Grobler added that the company is also assessing options with new, high-quality third-party suppliers.

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