MARKETS SPECTATOR: Hold the coal
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Stanmore Coal Ltd says the junior coal sector is oversold and that long-term fundamentals for coal remain strong.
In a statement to the market today, the Bowen Basin and Surat regions coal miner says there is gas to coal switching.
"Thermal demand in North America is expected to increase as gas prices rise, resulting in reduced exports to Asia," Stanmore said.
China’s increasing concern about its own pollution levels mean demand for low-impurity thermal coal from the Surat region will be strong, the Stanmore said.
The company also said there is a coking coal shortage.
"High-quality, low-cost, metalurgical coal projects remain scarce and valuable."
At 1436 AEDT the company’s shares were unchanged at 19 cents against a benchmark index fall of 0.99 per cent.
Call 1300 880 160
Start a chat
Schedule a call
