Member Info for billybigwig

£2.732 lets not lets see £3 instead ...its due

Troajan nothing keeps going up...in the same context nothing keeps going down either ;-))

Troajan Free range petrol!! :-))) BP broke £3

Hahahaha

Day it scares me that these people are given media time..

Daytradingnovice.. Talk about contradicting news....China will phase out coal by 2060 is that not 39 years off wow coal is doomed? And the that article coal is dead whats China going to do? Sit in the dark for the next 39 years? 2060 is their target to be coal free ...UN estimates the world needs to reduce its coal-fired electricity by two-thirds in the next decade to meet our climate goals. But as detailed in a new report from the Global Energy Monitor, an NGO tracking fossil fuel assets, China seems to be ignoring the memo that coal is canceled. 10 years for UN and 2060 for China maybe my maths are off a bit but there is a tiny discrepancy there in time schedule's?

https://oilprice.com/Energy/Coal/Chinese-Cities-Go-Dark-Amid-Energy-Spat-With-Australia.html

China are looking to stop using it by 2060 ..really fecking hell why bother?..seems to me China as bo solutions replacing coal ...Chinese Cities Go Dark Amid Energy Spat With Australia
By Haley Zaremba - Jan 09, 2021, 12:00 PM CST
Despite all of China’s aggressive efforts to shore up their energy autonomy over the course of this year, the precariousness of Beijing’s energy security has been thrown into the spotlight in recent weeks as the country is plagued by severe energy shortages in the wake of an unofficial blacklisting of Australian coal. As China scrambles to ration electricity for millions of citizens, entire cities have reportedly gone dark. This latest development is just another chapter in a lengthier saga of rising tensions and failed diplomacy between China and Australia. “Relations between the two nations soured last year after Australia supported an international inquiry into China’s handling of the coronavirus pandemic,” CNBC reports. While Beijing’s Australian coal boycott is dominating headlines and wreaking the most havoc in China, coal is just one import on a much longer list of Australian goods that China is targeting in this unofficial geopolitical standoff.

China is the single biggest coal consumer in the world, and Australia has been one of Beijing’s biggest suppliers. Even though China has recently pledged to curb the nation’s hefty carbon footprint and reach carbon neutrality by 2060, the world’s second largest economy continues to rely heavily on coal. The sudden stop to the flow of the fossil fuel into China has caused coal prices to shoot through the roof at the very same time that the country is experiencing a cold snap, causing the demand for coal to rise to even higher numbers than usual. This double whammy has created “chaos” in Chinese markets according to the Financial Review. “The protectionist policy has ensured coal prices inside China have been dramatically higher than outside the country for more than six months now, and in early December the Chinese government stopped the nation's four big coal price indexes from publishing daily prices,” the news outlet reported on Wednesday.

Troajan I've slowed right down matey ...yep coppers very hot mate its about time ...

The last time copper was this price glencore was £5 odd at its IPO ...it just and indication of what is possible we could easily see those prices again and above

£2.85 is my first target/hurdle once broke and all being well £3.20s will be my next target keep calm and carry on as they say the only way is up the way copper is going ;-)

Troajan..you guys?? I like a quiet life matey a cheeky pint in the pub (virus permitting) that's it matey no drama i haven't been to the pub since I think February 2020 ..prefer a meal with my family :-))

Troajan.what did you do for your birthday? Anything interesting of not a jot because of this lock down?

Troajan. No its not it should be banned it causes panick ...anyway miners such as glencore have a good way to go ..glencore as got legs ..

I have no sympathy for them just like they have no sympathy for us poor fuqers who are long term holders trying to earn a nice dividend income

Shorting should be outlawed it takes a share way to far below its value

Glenmore is certainly a good way off where it should be that's for sure

Qz yes we do matey Glenda is putting the pounds on i love a big girl ;-))

Fira ya posted the message I was going to text ..but in the same breath just buying Glenda tax free at say 1.20s would be the better bet when you include the dividend which rya doesn't pay Glenmore is an absolute gem

Now for those who bit the bullet in the £1.12 to £1.50 area and held well done you've either doubled your money or are very close... :-))