Market Flooding.
Indonesia China and India are increasig coal mining at record rates. Africa will evenually play a larger part of the picture which will flood the coal market and bring down the coal price to record lows. Coal had a real boom , which is often followed by a flooded market because boom periods often result in over expansion of production.
In 2024, coal production reached significant 7.28% increase on production
2022 to 2025 80% fall in price
2824 to 2025 30% fall in price
Much of the coal rise occured after covid, which leads me to believe coal should fall back around 50 usd ton over 24 months.
I believe the share price will fall to $2, they might have to resconsider expansion.
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.41 |
Change
0.020(0.46%) |
Mkt cap ! $3.716B | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.41 | $4.33 | $6.630M | 1.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.41 | 6744 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| NHC (ASX) Chart |