STTCOMP TER FA Long
Terracom Limited
Market Cap: $576M
Share price: $0.72
Debt: 0
About TER:
TerraCom Limited (TER, formerly Guildford CoalLimited) is resource company that is involved in the development and operationof coal mines in Queensland, Australia and South Africa
Upcoming catalysts:
The decrease in bond rates will reinvigoratethe manufacturing sectors increasing demand for metallurgical coal causing anincrease in sales price.The recent drop in shareprice due to the Labour party talking about increasing tax on coal mining isoverblown as a recent interview of Anthony Albanese denied adding a tax, butmore about capping energy prices.
Dividends sitting at 10% perannum
