Thungela Res Share Price (TGA)

There's widespread attack on fossils industry, trend accelerates for all profits (aka motivation to continue operations and further investment) to be ripped off by multiple third-parties (taxation, quotas and other requirements - generally very broad spectrum of instruments to apply pressure) across the channel (extraction, transportation/storage and consumption).
It's been all over the place for decades,
https://www.bbc.co.uk/news/uk-politics-57456641
"..World leaders meeting in Cornwall are to adopt strict measures on coal-fired power stations as part of the battle against climate change.."

One analyst said this is virtuallyva worthless company - I fully agree. BP hasn't risen much for a few months and yet this one goes up 20% +. Classic pump and dump IMO... worthless company and coal belongs now to the museum.

Coal plays a vital role in electricity generation worldwide. Coal-fired power plants currently fuel 37% of global electricity and figures from the IEA show that coal will still generate 22% of the world's electricity in 2040, retaining coal's position as the single largest source of electricity worldwide.

Due to a smallish Anglo holding I've only about 5 shares here :) however whilst the world hates coal, there will be a massive demand for steel over the next few years and as they say you can't make an omelette.

Big companies have to shed coal burners to keep institutional fund managers happy. May be more to it but musn't be shed loads of profit here or else aal would still be knee deep in coal.