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In Mozambique, coal output is seen tripling over the next two decades, however, offsetting some of the South African declines
We recognize that coal must disappear, which it will over time, but it won't be soon, Global coal demand rose for a second consecutive year in 2018, the International Energy Agency said in its World Energy Outlook.

Just a little tiddler mind, don't want you getting in the red

Why god endowed me with big balls , they're to keep me afloat apparently

Global coal demand rose for a second consecutive year in 2018, the International Energy Agency said in its World Energy Outlook,
Coal made up 38% of the world's energy mix in 2018

According to the International Energy Agency, some 70% of Africans lack access to clean cooking. The resulting household pollution from burning traditional biomass is a major cause of premature deaths.
With nearly half of Africans still without a power supply and few domestic gas grids, clean, low carbon energy is seen as a luxury rather than a necessity.

"We want to supply energy at a cost-effective level because if it is too expensive I can tell you that it becomes a 'nice to have' but people do not access it.”Improving access to and lowering the cost of energy is seen as a key in alleviating poverty in the world's most energy-deficient continent.

The world’s attempts to quit coal are failing. Whatever rich nations do to move away from the dirtiest fossil fuel, those efforts are being outpaced by developing Asian countries seeking a cheap and reliable source of power.

Global coal demand rose for a second consecutive year in 2018, the International Energy Agency said in its World Energy Outlook, which plots different scenarios of future energy use. Three quarters of that demand was in the Asia Pacific region.

https://www.bloomberg.com/news/articles/2019-11-13/world-clings-to-coal-for-power-despite-mounting-climate-protests

The reality is, on the African continent, there is still a very big reliance on fossil fuels which we can't necessarily get away from," said Shirley Webber, the head of natural resources at African banking group Absa.

Licensing rounds for access to swathes of virgin exploration acreage across Africa were touted at a leading annual industry event in Cape Town last week.
As in years past, the message from regional governments was clear -- developing their own natural is key to economic growth and leaving reliable fossil fuels in the ground is simply not an option.
"We have set a number of objectives and one is a security of supply. That is what we need for the economy to pump...that objective is not negotiable,

As in years past, the message from regional governments was clear -- developing their own natural is key to economic growth and leaving reliable fossil fuels in the ground is simply not an option.
"We have set a number of objectives and one is a security of supply. That is what we need for the economy to pump...that objective is not negotiable,Improving access to and lowering the cost of energy is seen as a key plank in alleviating poverty in the world's most energy-deficient continent.
With nearly half of Africans still without a power supply and few domestic gas grids, clean, low carbon energy is seen as a luxury rather than a necessity.
In Mozambique, coal output is seen tripling over the next two decades,.
"The reality is, on the African continent, there is still a very big reliance on fossil fuels which we can't necessarily get away from," said Shirley Webber, the head of natural resources at African banking group Absa.

MORE LIFE FOR COAL
In South Africa, even coal is seen as a key natural resource that needs to be exploited to keep the lights on and meet power demand growth in one of Africa's largest and most developed economies.

The continent's biggest coal producer, South Africa will still see coal account for three-quarters of Africa's coal production in 2040, down from over 90% today, according to the IEA.

In Mozambique, coal output is seen tripling over the next two decades, however, offsetting some of the South African declines.

South Africa last month laid out its energy strategy for the next decade, in a plan which foresees coal still contributing almost 60% of the country's energy, compared with 77% currently.

"We recognize that coal must disappear, which it will over time, but it won't be soon," Mantashe told the Africa Oil Week event.

Noting that South Africa operates on 16 coal-fired power plants and its sitting on "vast deposits" of coal, Mantashe said new power sector investments will be directed at more efficient coal technology rather than replacing coal plants.

developing their own natural is key to economic growth and leaving reliable fossil fuels in the ground is simply not an option.
I don't think FSTM, Jax, Global and their new mate woohoo, would agree with Platts, but it was a good try JD

until there is a completely viable alternative, fossil fuel will always have a role to play in global power, especially in the developing world, unless we all go back to foraging for mushrooms and living in mud huts, which some of these looneys think we should do.

clowns to the left of us, jokers to the right, here we are stuck in the middle of glob

In his feckin dreams, somewhere between 0 and 50 more like, he's only got his pocket money to spend

It must be very lonely for you out there on your own, with just a couple of lame sheep following your every word.

Well I guess it depends on your attitude to risk, Clearly Yaki and some others are risk loving as opposed to those who are risk averse. No problem either way. Of course then there are others who are neither, just manipulative, despicable and downright narcissists.

clearly not everyone sees the worst in everything, perhaps some could take a leaf out of his book

i'll think you'll find that there was previously only one broker FE, and after the AGM their title changed to joint broker on the 25th sept, so assuming there was a plan at the AGM to appoint another one.

That's obvious just your personal opinions and that Kibo goes to pot. basically what you are saying is f**k all the genuine decent investors that have their money invested here, just for you own personal gratification .
What a lowlife piece of s**t you really are.