Thoughts on Thungela Resources
Herewith some thoughts on Thungela Resources (Ticker TGA.LN), the South African thermal coal exporter which just announced interim earnings.
Europe
European Gas is the Fulcrum for Energy Markets
I keep harping on TTF as the fulcrum for energy markets (coal and natgas), and the price has moved up over 65% from its lows on June 2
Thermal Coal Note
Global thermal coal markets saw another decline in forward prices last week, despite stable natural gas prices.
Alexander Stahel’s epic tweet storm on European electricity
Alexander Stahel epic tweet storm on European electricity. This is a masterclass on European electricity and the crisis at hand.