The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
RBCT coal closed at:
Feb 199.4
March 196.0
That's a lot of profit and 4 bulks currently on the loading quay.
https://www.barchart.com/futures/quotes/LVG22/overview
Tweet:
https://twitter.com/angusenergyplc/status/1496081081698709512?s=20&t=ZKaFN7XRlQvtsIReL-2OXg
The shorts currently open should have plenty of stock available to buy back and close, as this is highly likely to be demoted from the FTSE250 at the next review on 2nd March and trackers will have to sell. If results later in March are good, there is opportunity for CPI to start moving in the right direction.
http://www.stockchallenge.co.uk/ftse.php
They really need to clamp down on this as it's costing the SA economy billions in lost revenue.
https://www.miningweekly.com/article/at-least-r3bn-needed-to-upgrade-transnet-freight-rails-security-infrastructure-2022-02-16
It's up in the far North of Norway and it looks positively calm up there compared to the UK and they are due in the shelter of Ofotfjord shortly on the way to Narvick.
https://www.windy.com/?2022021709,65.091,7.998,4,m:fzxagw6
Last time was 3 and a half weeks from Twitter test pics to delivery, so are these not turning up till early March?
https://twitter.com/angusenergyplc/status/1493903986411274242?s=20&t=3Ir-u9mBWEdSugVO6Zi9JQ
https://www.marinetraffic.com/en/ais/home/centerx:12.3/centery:69.1/zoom:8
I'm here :-)
Spirt of Discovery is in the Azores:
https://www.marinetraffic.com/en/ais/home/centerx:-25.663/centery:37.738/zoom:17
Spirt of Adventure is in Norway
Looking forward to 23/03/22
Tanks described as "Condensate storage tank" previously (link below) but today described as "Water tanks" ??
https://twitter.com/angusenergyplc/status/1484125049908969473?s=20&t=4RTmpTyKV3Ln5wu-nA9A9g
Today's tanks certainly seem to be visually identical to the earlier set of tanks, shown on Twitter, to my eyes:
https://twitter.com/angusenergyplc/status/1493182229878558735?s=20&t=mRY8JgYTdHq4raJi8Xhi6g
https://twitter.com/angusenergyplc/status/1484488696128630787?s=20&t=mRY8JgYTdHq4raJi8Xhi6g
and there are four such tanks shown on the layout here:
https://www.angusenergy.co.uk/wp-content/uploads/2022/01/Site-component-deliveries.pdf
Something positive:
China coal prices are rising nicely after the LNE break, though I don't trust them implicitly.
https://en.macromicro.me/charts/1316/china-thermal-coal-futures
More believably and helping to give some credence to China figures; Aus, Europe and SA all up today:
https://www.barchart.com/futures/quotes/LQH22/overview
https://www.barchart.com/futures/quotes/LUH22/overview
https://www.barchart.com/futures/quotes/LVH22/overview
Please report any offensive posts and help to keep this board a constructive arena.
We have been burning coal continuously (to make leccy) for at least the last 48hrs.
https://www.energydashboard.co.uk/fourtyeight
Tweet:
https://twitter.com/angusenergyplc/status/1490645766485905409?s=20&t=-ZIdB_SHSUK2oGcEL_hpWQ
New Tweet:
https://twitter.com/angusenergyplc/status/1489557596319072257?s=20&t=EIk-Ce03JqT8MbwuJ1blTA
As the board is quiet; Spirt of Discovery has crossed Atlantic and is now in BVI:
https://www.marinetraffic.com/en/ais/home/centerx:-64.606/centery:18.413/zoom:15