Geo Energy Res    Last:0.455    -0.005

Black Gold Industry Discussion

Geo trying to shake off the idling at 0.28/0.285.
Maybe testing the 0.31 level again?

 

in desper situations, cina quite good at catch up.
jus a quote regardin cina' s addict on coal. when 3 yrs ago(?), boycot aust coal, own country not enough coal,  then kena own cities blackout:
" Such is the magnitude of China&rsquo s coal addiction that when China ramped up its trade spat with Australia by instituting an informal boycott of Australian coal, entire Chinese cities  went dark. ...
The blackouts didn&rsquo t last long, however, as coal producers around the world stepped up to fill the gaps left in the vast demand of the world&rsquo s largest coal importer, ... "
 

JAD_Trader      ( Date: 18-Dec-2023 12:28) Posted: Can any shipment from Indonesia to China stlll catch up with the cold season? It may take at least 8-10 weeks from mining (maybe take from stock), inland transport, loading, shipping, unloading, inland trasport..... not forgetting, booking of vessels, customs clearance..... lailai      ( Date: 18-Dec-2023 08:24) Posted: cold wave in cina terrible, man. tink coal demand globally likely up and up, cos cold wave don jus stay in cina but like typhoon will go where the wind blows. climate damage, its either floods, forest fires, typhoons, cold wave. or watnots, watodo. copied fyi: " BEIJING (Reuters) -A cold wave extended its grip further over China on Friday with temperatures plummeting to below freezing across most of the country, causing authorities to limit traffic flows on highways in several provinces after vehicles collided on icy patches.   A woman walks on a street amid snowfall in Beijing, China December 14, 2023. REUTERS/Tingshu Wang©   Thomson Reuters Temperatures will drop to below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in parts of the northeastern province of Heilongjiang and in the region of Xinjiang in the northwest, along with Inner Mongolia and the provinces of Gansu and Qinghai, according to forecasts from China' s National Meteorological Centre. ..... "

 

Can any shipment from Indonesia to China stlll catch up with the cold season?

It may take at least 8-10 weeks from mining (maybe take from stock), inland transport, loading, shipping, unloading, inland trasport..... not forgetting, booking of vessels, customs clearance.....

lailai      ( Date: 18-Dec-2023 08:24) Posted: cold wave in cina terrible, man. tink coal demand globally likely up and up, cos cold wave don jus stay in cina but like typhoon will go where the wind blows. climate damage, its either floods, forest fires, typhoons, cold wave. or watnots, watodo. copied fyi: " BEIJING (Reuters) -A cold wave extended its grip further over China on Friday with temperatures plummeting to below freezing across most of the country, causing authorities to limit traffic flows on highways in several provinces after vehicles collided on icy patches.   A woman walks on a street amid snowfall in Beijing, China December 14, 2023. REUTERS/Tingshu Wang©   Thomson Reuters Temperatures will drop to below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in parts of the northeastern province of Heilongjiang and in the region of Xinjiang in the northwest, along with Inner Mongolia and the provinces of Gansu and Qinghai, according to forecasts from China' s National Meteorological Centre. ..... "

 

cold wave in cina terrible, man.
tink coal demand globally likely up and up, cos cold wave don jus stay in cina but like typhoon will go where the wind blows. climate damage, its either floods, forest fires, typhoons, cold wave. or watnots, watodo. copied fyi:

" BEIJING (Reuters) -A cold wave extended its grip further over China on Friday with temperatures plummeting to below freezing across most of the country, causing authorities to limit traffic flows on highways in several provinces after vehicles collided on icy patches.

Temperatures will drop to below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in parts of the northeastern province of Heilongjiang and in the region of Xinjiang in the northwest, along with Inner Mongolia and the provinces of Gansu and Qinghai, according to forecasts from China' s National Meteorological Centre. ..... "

 

The technical charts look ready for next ramp.

sweet639      ( Date: 15-Dec-2023 14:41) Posted: this counter is good to keep at thie price? when will the report out? lailai      ( Date: 15-Dec-2023 08:16) Posted: konsi has sbb, but seldom active. las time was in jun. so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action. only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.

 

If IT could happen to other commodities like copper, sure will have the same effect as on coal

https://www.businesstimes.com.sg/international/worlds-copper-supply-suddenly-looking-scarce

 

Sigh... always inflation issue

 

Fed rates falling means dollar weakness
inflation to rear its ugly head

ozone2002      ( Date: 04-Dec-2023 09:06) Posted: Last:0.28  -- gold & BTC flying through the roof commodities should also follow suit

 

las yr 4q in 27th feb, div super good at 4c.
counter not good buy for short term as under shorties manip.
only  good for long term as under good div yld, not forget got good profit potential contrib from gee and other joint vent.
if interested, can read recent announcements by chairman melati.

sweet639      ( Date: 15-Dec-2023 14:41) Posted: this counter is good to keep at thie price? when will the report out? lailai      ( Date: 15-Dec-2023 08:16) Posted: konsi has sbb, but seldom active. las time was in jun. so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action. only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.

 

this counter is good to keep at thie price? when will the report out?

lailai      ( Date: 15-Dec-2023 08:16) Posted: konsi has sbb, but seldom active. las time was in jun. so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action. only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.   pikachu      ( Date: 15-Dec-2023 06:35) Posted: Good if have share buyback. Price will rise

 

konsi has sbb, but seldom active. las time was in jun.
so got sbb mandate or none makes no diff, if no activate. they always say sh price undervalue, but jus talk only no action.
only action is by shorties pressin down price for their bbs to collect. fishy manip, maybe lo ball TO agenda, who knos.
 

pikachu      ( Date: 15-Dec-2023 06:35) Posted: Good if have share buyback. Price will rise

 

Patience is the key.  👍

Ayamas      ( Date: 14-Dec-2023 23:51) Posted: Will company start their share buybacks like last year?

 

Good if have share buyback. Price will rise 

 

Will company start their share buybacks like last year?

 

Yesterday 71% short sellers, i.e. road block basically.

 

800 lots eaten up at 28c
consolidation for the longest time

 

Very low volume but 67% are short sellers. Someone is trying to control the price.

 

commodites and crypto have little co-relation tho

ozone2002      ( Date: 04-Dec-2023 09:06) Posted: Last:0.28  -- gold & BTC flying through the roof commodities should also follow suit

 

Not like that I guess....the Coal business still there, just spin off from Glencore as it was pressurised by its shareholders to go green.....To facilitate the spinoff, Glencore even paid big money to buy another coal company Teck Resources and combine with its own coal business to form a new standalone coal giant estimated to worth  $22 billion and $35 billion.

tccroy      ( Date: 10-Dec-2023 19:53) Posted: https://oilprice.com/Energy/Energy-General/The-Worlds-Second-Biggest-Coal-Company-Is-Looking-to-Exit-the-Industry.html One competitor lesser.

 

https://oilprice.com/Energy/Energy-General/The-Worlds-Second-Biggest-Coal-Company-Is-Looking-to-Exit-the-Industry.html

One competitor lesser.