R220.23 and climbing, this is it boys
Exxaro Resources (JSE: EXX) share price, discussion & sentiment
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Good Morning Everyone. Coal export premiums holding, domestic offtake steady from Eskom. Volume ticking up.
Run baby run!
R220.23 now, thin on the way up though
@easy_money_sa lol no, R250 is weak. Eskom's got them by the throat.
@easy_money_sa what's driving the R250 call though, coal prices cooling off a bit lately
Good morning everyone. Coal prices holding up nicely, demand from Eskom still steady.
Load-shedding is basically job security for thermal coal right now, and Exxaro's sitting at R216.91 with decent margins on export coal too. Compare that to what Sasol's dealing with and you start to see why the coal story still has legs longer than most people want to admit. Positioned perfectly for the next few years while everyone else is chasing renewables that don't exist yet.
ALGOS RAIDING STOPS AGAIN, SAME PLAYBOOK EVERY TIME!!
@bombay_coach algos or just coal demand staying weak, which is it?
R210.95 and holding, bids looking good here
Come on EXX, let's go!
r211.75 and bleeding out, coal getting hammered today
R211.75 now, algos just shaking weak hands out ngl