Anglo Pacific Share Discussion Threads

[the deacon] 13/1/2020 18:24

Interesting that Altius Minerals are phasing out their coal royalty exposure and replacing it with that of renewable energy, to sit alongside copper, nickel, potash etc in their rather extensive portfolio. A snippet from the recent shareholder letter from the CEO:"Perhaps the most dramatic way that Altius is aligned with macro-trend and investor demands relates to our strategy to proactively re-invest our phasing-out coal royalty revenues into the financing of renewable energy projects through recently formed subsidiary Altius Renewable Royalties Corp. ("ARR"). Renewables are rapidly replacing fossil fuels in power generation and through this initiative we are emerging as front-line agents of that change."

[quepassa] 09/1/2020 11:00

Yes. Indeed. Anything unsavoury is precisely where you will find Rogered-No-Go-Zones.

People burning alive as they sleep would be of little consequence to this unprincipled scumbag.

[quepassa] 09/1/2020 10:28

Scoffing when poor souls have been burnt alive in their houses as wildfires rage in Australia.

Absolutely disgraceful.

[emeraldzebra] 08/1/2020 14:05

Greta a buyer too, i would hope.

[the deacon] 08/1/2020 08:05

APF included on Peel Hunts income list https://www.ii.co.uk/analysis-commentary/top-22-income-stocks-2020-ii510116

[quepassa] 04/1/2020 08:07

AUSTRALIA will now have a lot of soul-searching to do as to whether being the world's biggest coal exporter is worth the devastating price they are now sadly paying.


ALL IMO. DYOR.
QP

[quepassa] 04/1/2020 08:02

Chris-thicko is an uneducated, neanderthal slob who lacks any form of understanding of global events.

Ignore the fool.

[christh] 03/1/2020 21:56

PLEASE, POSTERS IGNORE QP .

Do not reply to him because you encourage him to post more rubbish.

He always condemns APF but the big picture is D Trump will never get away from basic fuel i.e. coal because is big business for the USA.

I enjoy my divi and stayed away listening to this looney poster.

APF will re-enter the ftse 350 in a couple of years.

The divi will grow gradually and will bring back the scrip divi.

Onwards and higher

[the deacon] 23/12/2019 16:06

They're already involved with Brazilian Nickel, but I have a sneaky suspicion they'll be involved with HZM shortly too.

[haydock] 23/12/2019 14:51

On HZM these days, swapped nickel for coal.

APF has been well run since i abandoned ship a few years ago.

They used to be with HZM, any hints that they may return ?

HZM is at the oven ready financial stage, one royalty in the bag.

Cheers Hay.

[quepassa] 22/12/2019 10:19

The devastating and wide-spread bush fires in Australia are going to be the final tipping-point when the pro-coal and vested interest Australian political status-quo ceases to turn a blind eye to global warming and turns anti-coal.

Australian politicians will no longer be able to ignore or obfuscate about the causal link between the current devastating bush fires rampaging through Australia and global warming caused by CO2 emissions.

Increasingly Australia will embrace, like so many other countries, the need to help control global CO2 emissions.

The political pressure and need to act now in Australia to help cut global CO2 emmissions will be hammered home by the wide-spread devastation caused by the unprecedented wild-fires.

Coal mines in Australia will be increasingly politicised and will become a major manifesto issue in further elections, just as in so many other developed countries.

When Global Warming becomes so important to the general voting public and when it is a question of winning votes from the public, it is clear what politicians do.

And this will not be good news for the coal industries in Australia.


ALL IMO. DYOR.
QP

[quepassa] 22/12/2019 10:19

As if thermal coal was having a tough time - and increasingly so in the future- things have fared little better for coking/metallurgical coal this year.

Australian COKING COAL is down by A THIRD, down a massive c 33% since the beginning of the year and now trading around $145 pmt.

The Outlook for Coking Coal demand and prices is poor.

The futures market prices for coking coal prices do not point to any recovery over the next few years. The serious observer should look carefully at metallurgical coal price futures.

Hardly surprising that so many coal and steel companies are having such a tough time.

The Green movement is eroding demand for both thermal and coking coals. Demand has weakened significantly in China.

Given tumbling prices, weakened demand and the global push towards cleaner energy consumption and sources, it is a sign of just how tough things are that:-


-British Steel went into receivership.

-Whitehaven Coal's (majority owner and operator of Narrabri mine) share price has slumped by a a massive 55% from a peak of A$5.80 in June last year to a current price of A$2.60

-That U.S. Steel is worth 33% LESS than November 2016 when pro-coal/pro-steel President Trump was elected.





Not a healthy outlook.



ALL IMO. DYOR.

QP

[quepassa] 22/12/2019 10:18

The devastating and wide-spread bush fires in Australia are going to be the final tipping-point when the pro-coal and vested interest Australian political status-quo ceases to turn a blind eye to global warming and turns anti-coal.

Australian politicians will no longer be able to ignore or obfuscate about the causal link between the current devastating bush fires rampaging through Australia and global warming caused by CO2 emissions.

Increasingly Australia will embrace, like so many other countries, the need to help control global CO2 emissions.

The political pressure and need to act now in Australia to help cut global CO2 emmissions will be hammered home by the wide-spread devastation caused by the unprecedented wild-fires.

Coal mines in Australia will be increasingly politicised and will become a major manifesto issue in further elections, just as in so many other developed countries.

When Global Warming becomes so important to the general voting public and when it is a question of winning votes from public, it is clear what politicians do.

And this will not be good news for the coal industries in Australia.


ALL IMO. DYOR.
QP

[quepassa] 21/12/2019 17:51

As if thermal coal was having a tough time - and increasingly so in the future- things have fared little better for coking/metallurgical coal this year.

Australian COKING COAL is down by A THIRD, down a massive c 33% since the beginning of the year and now trading around $145 pmt.

The Outlook for Coking Coal demand and prices is poor.

The futures market prices for coking coal prices do not point to any recovery over the next few years. The serious observer should look carefully at metallurgical coal price futures.

Hardly surprising that so many coal and steel companies are having such a tough time.

The Green movement is eroding demand for both thermal and coking coals. Demand has weakened significantly in China.

Given tumbling prices, weakened demand and the global push towards cleaner energy consumption and sources, it is a sign of just how tough things are that:-


-British Steel went into receivership.

-Whitehaven Coal's (majority owner and operator of Narrabri mine) share price has slumped by a a massive 55% from a peak of A$5.80 in June last year to a current price of A$2.60

-That U.S. Steel is worth 33% LESS than November 2016 when pro-coal/pro-steel President Trump was elected.





Not a healthy outlook.



ALL IMO. DYOR.

QP

[pockstones] 21/12/2019 13:22

Dear Quepassa thermal coal consumption globally is set to grow one percent per annum out to 2024 with India growing at 4-5 percent per annum offsetting European decline with the current environment hindering investment in new supply its great for existing producers DYOR

[quepassa] 20/12/2019 19:41

As if thermal coal was having a tough time - and increasingly so in the future- things have fared little better for coking/metallurgical coal this year.

Australian COKING COAL is down by A THIRD, down a massive c 33% since the beginning of the year and now trading around $145 pmt.

The Outlook for Coking Coal demand and prices is poor.

The futures market prices for coking coal prices do not point to any recovery over the next few years. The serious observer should look carefully at metallurgical coal price futures.

Hardly surprising that so many coal and steel companies are having such a tough time.

The Green movement is eroding demand for both thermal and coking coals. Demand has weakened significantly in China.

Given tumbling prices, weakened demand and the global push towards cleaner energy consumption and sources, it is a sign of just how tough things are that:-


-British Steel went into receivership.

-Whitehaven Coal's (majority owner and operator of Narrabri mine) share price has slumped by a a massive 55% from a peak of A$5.80 in June last year to a current price of A$2.60

-That U.S. Steel is worth 33% LESS than November 2016 when pro-coal/pro-steel President Trump was elected.





Not a healthy outlook.



ALL IMO. DYOR.

QP

[quepassa] 20/12/2019 19:40

Lots of very negative news recently about coal:-



-More and more investors are shunning the sector on ESG concerns.

-Coal usage tailing off rapidly in Europe.

-China now emphasising renewables more and more.

-Greta Thunberg impact on climate change and awareness about fossil fuel pollutants growing and especially with younger generations.

-Eight USA coal companies have filed for bankruptcy this year so far.


An interesting BBC article today headed:- COAL: IS THIS THE BEGINNING OF THE END?


Link here:- hXXps://www.bbc.co.uk/news/science-environment-50520962


and also a fascinating article in the Wall Street Journal dated 24th. November headed: BETS ON COAL END WHERE THEY STARTED: IN BANKRUPTCY

wXX.wsj.com/articles/bets-on-coal-end-where-they-started-in-bankruptcy




A very difficult sector.

ALL IMO. DYOR. QP

[quepassa] 20/12/2019 19:40

Oh. No. More bad news in the sector. This time for COKING COAL.

A major Australian producer goes into administration.

Yesterday, S&P Global Platts report that:

"Australia's Cook coking mine coal mine to shut as producer Bounty goes into administration"


The Platts article cites the contributory reasons for the collapse of Bounty as " financial difficulties caused by FALLING METALLURGICAL coal prices"

Read full article about Bounty's collapse into administration here:

hXXps://www.spglobal.com/platts/en/market-insights/latest-news/coal/121819-australias-cook-coking-coal-mine-to-shut-as-producer-bounty-goes-into-administration


The canary sings louder.

ALL IMO. DYOR.
QP

[phillis] 20/12/2019 19:04

Filtered him a long time ago on the EZY thread
He called that so wrong too

[piedro] 20/12/2019 11:53

What a zoooooolololol...ogical
- you sure do like feeding the TROLLS