Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Back to constructive discussions:
There has been another fire :-0
However, like the previous fire, from the buildings and conveyors visible, it also appears to be on the North side of the harbour, not the coal terminal on the South. The person filming also mentions "Foskor", which is located on the Northside, several miles away from the Southside coal terminal.
https://zululandobserver.co.za/258527/watch-second-conveyor-belt-fire-in-a-week-at-port-of-richards-bay/
https://www.timeslive.co.za/news/south-africa/2021-10-14-richards-bay-port-struck-by-second-fire-in-a-week/
China, coal still going up today:
https://en.macromicro.me/charts/1316/china-thermal-coal-futures
Rotterdam, climbing again today and for the last week:
https://www.barchart.com/futures/quotes/LUX21/interactive-chart
Richards bay, today; tbc. Overall; other than spike on 4th and 5th, still holding on to highs and still massively up on a month ago.
https://www.barchart.com/futures/quotes/IFFX21/interactive-chart
Hopefully after the last 3 weeks surge and drop, we can get back to rising steadily and a more respectful board.
"Underscoring the urgency of the situation in China, thermal coal futures surged to a record for a second day on Tuesday as another key mining region suffered flooding, complicating efforts to boost supply and halt the escalating energy crisis"
https://twitter.com/business/status/1447863384838483970
Coal is on the rise today. Monday's Rotterdam prices here:
https://www.barchart.com/futures/quotes/LUX21/futures-prices
No doubt API4 will be following suit when an up-to-date price is available later.
2030!
https://www.miningweekly.com/article/south-africa-should-not-rush-move-away-from-coal-minister-says-2021-10-07
Near term futures may have dropped, but 2024 onwards up.
https://www.barchart.com/futures/quotes/IFFF22/futures-prices?viewName=main
In all the chaos and hundreds of auto trades from 08:04 - 08:07 there were a few big buys like this:
07-Oct-21 08:06:35 440.00 80,519 Buy* 436.30 439.50 354.28k
Thanks for That Gubby, I already use that one. Unfortunately it seems to update only later in the day (If I'm using it correctly?) Is it only traded in NY, so market not open till later, and then a delayed price from that?
Good news though is Rotterdam Coal Nov '21 (LUX21) is now 286.05. 15.81% up on yesterday, so I can only see RBCT prices rising as similar % when they are available.
Thanks, BT, I have found several that do in the afternoon yet, nothing in the morning though yet.
Rotterdam Coal Nov '21 (LUX21) 5/10/21 274.70 +27.70 up 11.21% from yesterday.
I don't have a current price yet for API4, has anyone found a link to one that updates in the morning?
https://www.barchart.com/futures/quotes/LUX21/interactive-chart
With coal approx. 15% up in last 2 weeks and TGA "only" up approx. 10% in same time, anyone want to run their figures on here?
+Some more good sector news:
https://www.miningweekly.com/article/china-power-crisis-looks-set-to-spur-rush-for-the-dirtiest-fuel-2021-09-28
https://www.miningweekly.com/article/coal-prices-are-booming-but-us-miner-us-miners-struggle-to-boost-output-2021-09-28
Rotterdam Coal Oct '21 over $200 today, waiting for today's updates on API4.
Thanks Dtn. Same here, TGA stuck on 178, gave me a shock when that fault happened, not seen that one before, especially as it "flashes red" when refreshed, which usually indicates it's working, unlike the other two which are still stuck 15mins in the past and don't "flash".
I use dummy sell/buy to confirm the issues and I also have access to live prices through other accounts, but it's very annoying, with what HL charge, that they can't get something so basic to work. Now looking to switch families assets elsewhere, as had enough of HL costs and deterioration, of what was once exemplary service.
Anyways, gas shooting up, oil up and hoping today's coal is up too. Anyone have a link to today's price that works before mid afternoon, as I can only find day old prices in the mornings?
Latest weekly coal report:
https://www.miningweekly.com/article/weekly-sa-coal-report-2021-09-27
Thanks crawshaw. Do you have your "preferences" set to "Live Prices" (Bottom of account summary page)?
With this on, all my prices are live, except TGA (which does very occasionally show live) and ENT and NWG, which are both hopeless and always 15 minutes behind and Ii have to refresh the page for them to update to the latest 15min delayed.
Does anyone else have problems with TGA's share price not being current/live on their platform. I have issues on HL and it only affects this share and two others ( both are FTSE 100 Companies). HL currently not very helpful and has been going on for months.
Coal still climbing and futures currently above $120 till at least July 2022 (Up $10 this month) and above $100 till 2025
https://www.theice.com/products/241/API4-Richards-Bay-Coal-Futures/data?marketId=5161299&span=1
https://www.cmegroup.com/markets/energy/coal/coal-api-4-fob-richards-bay-argus-mccloskey.html#
(NB: Set CME charts to 1 day interval to see price graph)
Even UK firing up Coal fired power stations
https://www.bbc.co.uk/news/business-58469238
RNS released, scheme has been approved.
Name ceremony live of Facebook: https://fb.watch/v/1-pcGWqrb/