What has happened here , When i was a scrap merchant i had agreements for all year prices with a few . SOME wanted spot price and at times they won .HOWEVER with my agreements i guaranteed there supply all year round .WHERE AS OTHERS COULD NOT .I HAD EXTRA BARNS TO STORE AND USE TO BUY WHEN THERE WAS GLUTS AND BUY A YEAR A HEAD .Shame the coal game dont work like that nobody should be a busy fool
SINCE SUSPENSION oil up a few dollars .I THINK JSE HEDGE at least60 percent at 70 dollars per barrel . JSE have cwl abandonment fund to pay in april of 23 million usd .dollars . AND IMO JSE WILL BE VERY MUCH IN PROFIT EARLY 2025 . So a look to look forward to .JSE said capex up for this year due to gas field etc . Which is fine it adds 6000 bopd plus or gas mmscf 30 i think .Good luck all shall leave my 25p buy till next year .
TOPPED OUT AT 297 WELL i was wrong sold from 2.88 went to 3.04 .And today down very confused why .GREAT results however tempted to buy a few for a trade