Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
RB price into the 310's!
https://www.bbc.co.uk/news/business-63118574
Ofgem said due to Russia's war with Ukraine, there is a possibility the UK could enter a "gas supply emergency".
This would lead to supplies being cut to power stations which use gas to generate the country's electricity.
Gas-fired power stations generate between 40% and 60% of the UK's electricity.
https://www.cmegroup.com/markets/energy/coal/coal-api-4-fob-richards-bay-argus-mccloskey.html
Futures still showing over 300 into FEB 23?
https://www.theguardian.com/business/2022/sep/28/gas-prices-rise-europe-fears-grow-russia-halt-supplies-ukraine
Things can only get better!
If anyone here thinks energy prices are going to shrink back to 2021 levels anytime soon , you are living in cloud cuckoo land. Gas will naturally fall in spring as demand falls do to warmer weather. With Putin mobilising 300k more troops EU can whistle goodbye to their gas! Richards Bay futures still holding good into next year.
picstloup:' my main block of shares are in my ISA and held by Investec in Crest, so only attract 10% wht.' How does that work? Did you buy TGA shares direct in an Investec ISA? How do they manage to claim 10% refund if they are nominee and you are beneficial owner?
https://www.sharesmagazine.co.uk/article/thungela-could-be-crowned-the-uk-markets-dividend-king#:~:text=The%20coal%20miner%20is%20benefiting,up%20tenfold%20in%2014%20months&text=Coal%20producer%20Thungela%20Resources%20(TGA,at%20least%20two%20more%20years.
HAVE A DRINK ON ME BENEISH!