Member Info for 0777brad

Latorre .what's not to like? The company is making no money

Hi Jwill thanks for your reply, this stock just reminds me of sirius minerals a stock which many investors got wrong just makes me a little nervous before jumping in .but I do think if the company can prejudice you will be looking at huge profits possible even £3

Inthevoid there is always at least one clown on the broad so we'll done to you,funny guy

Hi guys I have been watching this stock for weeks now and was hoping to come in at a price off around 9 seems I have missed the boat, so my question is why is the sp riseing and is the company waiting on a support package, what's the hold up

Personally I have brought tga in two separate accounts have invested big in a isa account and plan on keeping there ,and traded with a normal account buying and sale on,with the profits on my non isa account I have been buying hydrogen as I feel will be a future fuel with huge profits to be made

Coal price on the rise again

Big drop buying opportunity

Huge drop again

Wow still dropping

Ukraine Crisis Could Send Coal Prices To $500

By Rystad Energy - Mar 10, 2022, 12:00 PM CST

Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.

While most of Europe and the wider world have focused on how Russia’s war in Ukraine has impacted oil, gas, and, more recently, nickel prices, relatively little has been written about the coal price shock that is likely to hit the region and spread like a tsunami around the world.

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Coal price is still holding well at the moment,

Wow big pull-back was not expecting this

Europe Turns To South Africa For Coal As It Shuns Russia

By Tsvetana Paraskova - Mar 04, 2022, 2:15 PM CST

Updated: Mar 04, 2022, 2:15 PM CST

European buyers are scouring the world as far as South Africa to procure coal as Russia’s invasion of Ukraine and the threat of more sanctions on Moscow have made Russian coal unsellable with many European utilities.

Several carriers with coal have headed from South Africa’s Richards Bay Coal Terminal west around the Cape of Good Hope since last week, according to vessel-tracking data Bloomberg has compiled. Coal heading west from South Africa is not the typical export route for the large African coal producer and exporter, as it ships over 86 percent of its coal

Absolutely crazy coal jumping twice a day at the moment

Coal up again

Very unpredictable this share up and down like a yo yo,how ever demand for coal is very strong at the moment and will be for a while, with what's happening with Russia & Ukraine, more countries are going to be looking at coal so demand will remain ,so personally I will be keeping my money here.i think when the figures are out on the 22nd more investors are going to want in as this is still a new company and not much to go off.

Big drop in coal price

https://markets.businessinsider.com/commodities/coal-price

Just I thought of today we are all here as investors making huge profits from this stock,but please remember there are people dying with there life's turning up side down and children being left with out parents ,and the price of coal is being driven by a terrible WAR.So rather than boasting about how well we are doing I will be donating some ov my profits to help the Ukraine people

China's Russian coal purchases stall as buyers struggle to secure financing

By Muyu Xu

 and Chen Aizhu

3 minute read

A view shows operations at Razrez Inskoy coal enterprise near the town of Gramoteino in the Kemerovo region, Russia November 28, 2021. REUTERS/Maxim Shemetov

BEIJING/SINGAPORE, March 1 (Reuters) - Chinese traders are scaling back imports of Russian coal as they struggle to secure financing from state banks worried about potential sanctions after Russia invaded Ukraine, in early signs of supply disruption from the world's third-largest coal seller.

Coal prices from other exporters Indonesia, Australia and South Africa have jumped this week, with benchmark Newcastle coal hitting a record $274.50 a tonne on Monday, a 15% rise, in the wake of Russia's launch of what it said was a "special military operation" in Ukraine on Thursday.

Key global coal prices

China is Russia's largest coal buyer, taking in more than 50 million tonnes of coal worth $7.4 billion last year via rail and sea from Russia's Far East. Russia accounted for roughly 15% of China's total imports and was its second largest supplier behind Indonesia.

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"Most banks have stopped issuing letters of credit after the SWIFT sanctions. As almost all contracts are dollar-denominated, we have no other way to make the payment," said a China-based trader dealing in Russian coal.

Russia coal exports by destination

Other traders are in discussions with Russian exporters about paying with the Chinese currency for the first time.

"We're waiting for their response, but trades have been put on hold for now," said a second trader, who imports Russian coal regularly via rail into northeast China.

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The United States and its allies on Saturday moved to block certain Russian banks' access to the SWIFT international payment system that facilitates the bulk of international financial flows.

While some buyers could eventually resort to using China's onshore clearing and settlement system, known as CIPS, overall purchases by China have been muted since last week after Beijing cut the domestic price cap that makes coal imports largely uneconomical.

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Ample domestic coal inventories and an upcoming seasonal dip in its use for heating mean Chinese buyers can afford to pause imports for now.

But any prolonged supply gap from Russia is a concern for buyers as Beijing maintains a ban on imports of Australian coal and top supplier Indonesia this year imposed new export limits.

Rising freight costs are another worry, with shipping charges already substantially higher from Indonesia and South Africa than from relatively local ports in Far East Russia.

Chinese coal imports face steeper shipping costs if they want to replace Russian cargoes

"Global coal prices are unlikely to fall