Right now Tga on JSE around 273 rand, he reckons it will go to 700 rand.... don't know when but he's convinced and has a lot of mining in SA and commodity experience... just repeating what he told me...
I think if Northern hemisphere gets colder it will help the share price...so heres hoping..Also last year it only started rising after COP...COP is a handbreak...and then it passes...
Apologies just read properly what you said...all coal was down today but winter nearly here and not enough energy or wind farms to suddenly fix this world this winter
The coal is in SA , it's dual listed in SA and UK...it's cheap as chips imo even though there's often lots nonsense in SA with rail lines etc. I'm not pumping my own book I've bought lots as dividend will pay my salary
Cop is on so coal shares have the jitters. plus according to Bloomberg they offering SA lots to go green,,,my guess they take the money and keep on with their coal
Im holding Thungela for a high again hopefully...a few of us also in MCZ mining , its cheap like TGA was and has potential...Its south african as well...