NHC new hope corporation limited

New Hope Price Target Raised 23% to A$2.40/Share, page-201

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    Looking at my Energy "Bible" -the BP Statistical Review of World Energy 2020 for facts.
    2019 China produced 47.6% of the worlds coal . China consumed 52% of the worlds coal production.
    2019 Australia produced 7.8% of the worlds coal production. Australia consumed 1.1% of the worlds coal production. From 2008 to 2018 inclusive, Australia's coal annual consumption has fallen by 2.8% annually. That is a drop of about 28%.since 2008. China's annual consumption rate is 1.7%. That is a growth of 17% since 2008.
    The following data is based on known reserves and current annual production.
    Proven reserves as at end 2019.
    Coal 132 years of reserves .
    Natural Gas 50 years of reserves
    Oil 50 years of reserves.
    NB
    I have been accessing this BP Review since 1988. Nobody, Greens, Environmentalists etc have challenged the reliability or standing of these annual Reviews. For me it puts readers in a good place to debate the facts on many issues concerning world energy consumption.
 
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Last
$4.32
Change
-0.040(0.92%)
Mkt cap ! $3.651B
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$4.38 $4.39 $4.30 $7.106M 1.643M

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No. Vol. Price($)
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$4.32 148 1
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