Ann: Quarterly Report - October to December 2023, page-30

Ter is chugging along as still a producer at the bottom macro coal=
Those macro price held sideways of their lows but still held.
Ter has two positions in oz and SAfrica both producing and both with expand other leases but unlikely...maybe SA
Macro Indonesia still pumping that high vol coal export although claiming going green & making EV's $$$
I can not see why India and Poland etc will stop dumping their low grade coal to unfortunate polluting more others.
And also Russia doing MORE trade with their all to Brics and non usa hegemony told countries.
India still very much a growing needy steel empire of their own (soon in years with Russian nucleurs
The western taint of asia still buying aussie thermal coal=
South African Ter assets are inTEresting as surely good value there, As Africa after India expecting the next empire growth.
It may be a while in growing and to nukes, so a coal building is surely what they will do whilst before nukes=
A lot of Bad West with Wars and usa hegemony going CHANGE and China needing stimulus to be same growth but..
The Shakespeare witches caldron double bubble trouble also at play as too much usa financial faking
Taipei...soon (for 4-5 months)
Watch Londons words and others here as they may have more skin in it and wise
Wind will change, hope new management wise & not lock in low value contracts ?
Beautiful area and surrounding Clermont and all their people up there=
Nice if we used ours here and did ANY manufacture=
Here artillery shells =can not get enough? shameful west destruction