1MC 14.3% 0.3¢ morella corporation limited

Hi all So, another Fossil fuel continues to Tank! Thermal coal...

  1. 131 Posts.
    lightbulb Created with Sketch. 126
    Hi all smile.png

    So, another Fossil fuel continues to Tank! rolleyes.png

    Thermal coal spot price tumbles 25 per cent, putting pressure on some producers!
    https://www.abc.net.au/news/rural/2020-05-15/spot-price-for-coal-drops-by-25pc/12241502

    "The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in demand and a fundamental global shift to renewables". sneaky.png

    The yearly slide of coal.......eek.png
    https://markets.*.com/commodities/coal-price


    Just another nail in the coffin for FF's and another step closer to renewable's and battery storage............biggrin.png

    CD (2020 gives AJM another flat week redface.png)

    GLTALTH
 
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