Member Info for coalfired

AP14 drop for November to $140.

I find different apps show different prices. Mid price between bid and offer is a standard. The mid price has not changed today so I wouldn’t panic about any drop that apps are showing you.

Back in after 18months or so. Sold out start of covid at £2.50 when i got fed up of constant enviro issues causing problems. Was a bad move. Was a LTH from EMED days at 11p .. remember the old pigeon English posts from the protagonist Carlos Esteves if I recall correctly. Peoples champion lol. Glad to be back in now always knew this would come good but didn’t back it fully. Big regret

Last trade isn’t shown on LSE for some reason. It was 233 shares at 173 just before close.

Bugga all trades today but went into auction, mm’s do play with this one.
Bid and spread didn’t change at all today, the price is just reflecting the last trade (which was an insignificant amount) but because of the large spread drops the SP. I don’t get the auction or mm’s games but it’s not a mass sell off.

Glad todays over, its been a horrible sea of red all over today.
Hopefully this will have a leg up after the gloom and doom that dominating at the moment.

GLA

LOL lucky what you think they are stealing the coal. its not the wild west !!
Its the infrastructure they are stealing copper metals etc .. what > your on a train with a gun to stop them. SMH just stop !!

Just because your not on board with the "buy now its going up", "added more", "found funds" brigade your a de-ramper.
RNS :
"Full year 2021 export saleable production guidance is accordingly moderated to 14.8Mt - 15.2Mt, from 15Mt - 16Mt as previously guided. Unless there is an improvement in rail performance, Thungela is expected to build additional export inventory stock levels of approximately 1.3mt during H2 2021."

Production is the key word and is reduced using whichever metric you want to run with, they have not got room to store the black stuff so are reducing production, as well as stockpiling 1.3M tonnes. The high and low end of the production still needs 1.3M tonnes at best taking off cause they cannot move it.

HENRYKISS - I did mute that the RNS was a political statement aimed at Transnet when it was released.I had a quick analysis of the July (CEO) interview and just noted the following
"It is significant. We said that our stocks are likely to increase I think …. by about 1.3 million tonnes, depending on what price you take. That could be anything between R2 billion and R10.5 billion worth of revenue tied up,"
Now on my calcs R2 billion at 1.3M tonnes is a price of R1,538 per Tonne or $105
R10.5 billion is R8,076 or $553 per Tonne. where is this high price coming from, especially as the stockbound coal is lower rate contract.
If a reasonable rate of $210 is used at 1.3M Tonnes that is $273M about £200M.
£200M of profit not realised (bottom line cash) at 30% is £60M
136M shares in issue losing £60M is £0.44 less per share. Most were calling a divvy of £0.50 t0 £1.00 per share weeks ago. This is a big hit. Just my take on it and welcome to be educated if i am totally off on this.

Its repeating the RNS but it puts it into more perspective coming out the horses mouth.

Thats a pretty downbeat outlook from the CEO.

Yes, but they are p---ing in the wind with GCM. That dog will never mine Phulbari.

Without rereading it has changed from 9 percent to 8 odd percent so <1% drop of there holding but requires a notification because of the threshold ?

I think the fact it is a Voluntary RNS could mean it is more political. It maybe calling out Transnet's failures in an effort to put further pressure on them to improve. It has been an ongoing problem.

The SP has no effect on the dividend. The divvy is mainly linked with the profitability and cash balance of the company. The divvy in theory will dictate the SP but as you have seen over the past few days lots of other factors affect the SP.
There has been many guesses on the value of dividend ranging from £0.50 to £1 per share based on the predicted performance and coal prices.

SR - The bot has been there for several few days, i noticed it.

£4.98 paid, must break £5 soon