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coal demand staying strong internationally but eskom keeps dragging locally. tga closing at r92.02 is decen…by @easystreet_jse on $TGA

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EasyStreet@easystreet_jse·Neutral

coal demand staying strong internationally but eskom keeps dragging locally. tga closing at r92.02 is decent given how much thermal coal margins have tightened this year. if they keep the dividend flowing and don't get hammered by rand weakness it's a hold at these levels, but honestly the domestic market is just too messy right now.

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