What is an Economic Moat? *** (A economic advantage in the business world over its competitors)
Imagine that a business is like a castle and one of the ways the business can survive attacks is to have a moat around it, the deeper and wider the mout , the less vulnerable the castle will be when it is attacked.
A castle surrounded by a moat is akin to a business that has a competitive advantage that makes it possible to consistently attract and obtain customers , this allows the business to make exceptional profits when times are good and to continue to do so when times are bad.
Businesses with economic moats enjoy even greater profits over many of the competitors.
Southstone minerials has three thermal coal contracts which process 6.5 million tons in accordance with International best practices standards for a clientele that include Exxaro **** which has employed more than 300 highly skilled employees for the past 18 years
This Thermal coal is the "moat" of Southstone minerials which allows the company and it's huge international stakeholders* & ** to recover diamonds via Bluedust & ASM Oryx JV and Diamonds & Gold in MANO RIVER PROJECT, Republic of Liberia.
* Georges Zard
** Kevin Gallagher a director at Southstone minerials and the Kwena Group.
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