I quite like SOL in coal. The world is still investing heavily into building coal fired generators and the demand for steel isn't in decline. Despite all the woke activism and the lip service to net zero in 2050 it won't be on the back of less steel production or running the hundreds of new coal energy generators currently being built at anything less than flat out for the next 50 years.
Despite all the hype renewables aren't yet reliable enough to provide base load power and there is a large question mark over how to dispose of old solar panels, batteries and turbines when they exceed the useful life as they can not cannot be recycled, are highly toxic and only last 20 years at best before requiring complete replacement which makes them expensive by comparison.
SOL have read the market beautifully in my opinion and i hope they can pick up a few more coal acquisitions from the virtue signalling big miners who don't have the fortitude to maintain a common sense approach.
#QueueFakeOutrageNow
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I quite like SOL in coal. The world is still investing heavily...
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$34.55 |
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Mkt cap ! $12.47B |
Open | High | Low | Value | Volume |
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1 | 927 | 34.440 |
1 | 927 | 34.420 |
1 | 1137 | 34.410 |
3 | 1361 | 34.400 |
Price($) | Vol. | No. |
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34.610 | 927 | 1 |
34.620 | 1795 | 4 |
34.630 | 927 | 1 |
34.650 | 1441 | 2 |
34.680 | 927 | 1 |
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