TER 4.76% 22.0¢ terracom limited

Ann: Dividend Declaration, page-401

  1. 22 Posts.
    lightbulb Created with Sketch. 9
    I don't understand some of the doom and gloom going on here! Seriously, coal mining companies are doing really well right now, and Terracom is no exception.
    So many are fixated on Ter staying at $1. Seriously, such dumb statements are that- dumb. And others are crying about the life of terracoms mines.... Well, it's like days of our lives... Give us some tissues!
    If you just flick in the news, one of the biggest solar ventures in Australia ($35B) has gone into voluntary administration. Just more proof this renewable movement will cost billions and will take many years to deliver.
    Other points to note;
    Demand for coal remains elevated.
    As of 2021, the Blair Athol mine had been extended for a further 10 years.
    The general consensus is there won't be much change in the energy space for a number of years yet ie coal and gas will provide main base load for energy.
    (IMO DYOR)



 
watchlist Created with Sketch. Add TER (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.