Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
https://www.pv-tech.org/iea-india-solar-power-coal-2040/
Solar could Match (not replace) coal by 2040. Oh by the way they need $1.4 Trillion in additional funding.
thermal is here to stay. When we're whacking cash around we can transition into the green side. But for now, we continue to provide 24/7 uninterrupted power.
Nice find Vascular. Being mentioned on the WHO is huge. The more it mutates, the more business will be generated. So much to look forward to from OO.
He's also encouraged investors to trade in and out. Do you really think applying a retrospective date is good of the SP. Will limit new investors coming on board and slow the pace of the Invesco sell out. As a LTH I think this is a silly idea.
Some people seem to want the BOD to give them access to the company bank account! You're right Dyre - BMV are trying to pick this up for the best possible price/deal. At the end of the day they're responsible for the shareholders money and I expect nothing less and if it takes a bit longer then so be it.
Just watched it as I was working last night. I thought it was a good presentation. We've often had a bit of a moan at the lack of comms from the co. so I'm not going to start moaning about what he could've done. End of the day, if people aren't seeing the investment case for a producing mine with a commodity at 5 year highs, with byproducts to come on stream then I don't think is the game for them! Well done AV.
Rax - on the Coal I've found this from Fitch from a week ago.
Indonesian coal miners are the major beneficiaries of strong Chinese imports. The Indonesian 4,200kcal/kg coal index rose to USD45/tonne in January 2021 from an average of USD26/tonne in the seven months to November 2020. The surge is likely to be short-lived, although Fitch expects a 2021 average price that is higher than 2020 at USD32.5/tonne.
Not sure if your coal price is for the same coal that OPG source?
Karnataka not for sale?
As part of this strategy the Company is evaluating various options to increase its renewable energy assets base and to establish joint ventures to roll out various energy transition technologies whilst also evaluating participating in an innovative blockchain based carbon credits platform. These initiatives will ensure that OPG delivers year-on-year improvements to reach the Company's emissions reduction targets in the near and longer-term and should generate attractive returns for shareholders.