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pikachu Master	27-Dec-2023 07:10        pikachu About Contact  Quote this Post!   Mood: Yells: "Holy Cow!"
x 0   x 0  Alert Admin	Hope it goes back to 40 cents and above
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desmodeus Veteran	26-Dec-2023 20:32        desmodeus About Contact  Quote this Post!
x 0   x 0  Alert Admin	and not forgeting its ev ambition...
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wehuattogether88 Supreme	26-Dec-2023 20:20        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	GEO ENERGY SUCCESSFULLY COMPLETES THE FIRST EXPORT SHIPMENT OF COAL FROM TRA COAL MINE AT PREMIUM PRICE The Board of Directors (the ?Board?) of Geo Energy Resources Limited (the ?Company? or ?Geo Energy?, and together with its subsidiaries, the ?Group?) is pleased to announce the completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (?TRA?), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (?Trafigura?) on 23 December 2023. TRA is a subsidiary of PT Golden Eagle Energy Tbk (listed on the Indonesian Stock Exchange) which 58.65% of its issued shares was acquired by the Group on 18 October 2023. As announced previously, TRA has been valued at almost USD1 billion with 2P reserves of 275 million tonnes (as of 31 May 2023) of low sulfur and low ash coal. This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal. The coal shipment averaged a gross calorific value (as received) of 4,100GAR, 5% ash and 0.3% sulfur. TRA coal is one of the cleanest coals available in the thermal coal market. The vessel successfully completed loading ahead of time, outperforming the typical loading times required in the Sumatra region. The Group is currently in discussions with a few potential off-takers to secure a life-of- mine offtake for the TRA coal. This will provide more stability to our sales strategy and bring in an international world class commodity group as a long-term partner. The Group will make an announcement on this in due course. Commenting on this milestone for the Group, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of Geo Energy said: ?Trafigura, the Group?s life of mine coal off-taker for our SDJ mine, purchased our first coal export shipment from Triaryani at a premium to market. The premium price for our coal is a testament to the Group?s investment strategy in aligning with the market demand. In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.?
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desmodeus Veteran	26-Dec-2023 19:18        desmodeus About Contact  Quote this Post!
x 0   x 0  Alert Admin	the acquisition is through bank loans and internal resources i.e. no share dilution meaning every net cash dollar in goes to dividends  savinma      ( Date: 26-Dec-2023 17:53) Posted: Charles seems very optimistic, hope he can steer Geo as good as Tung did. Time flies, its been almost one year since Tung retired. completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.  This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal. In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo
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huattuatua Elite	26-Dec-2023 19:08        huattuatua About Contact  Quote this Post!
x 0   x 0  Alert Admin	superb news!!! ozone2002      ( Date: 26-Dec-2023 19:00) Posted: very bullish! https://www.theedgesingapore.com/amp/news/company-news/geo-energy-announces-first-coal-export-shipment-newly-acquired-pt-triaryani-mine savinma      ( Date: 26-Dec-2023 17:53) Posted: Charles seems very optimistic, hope he can steer Geo as good as Tung did. Time flies, its been almost one year since Tung retired. completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.  This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal. In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo
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ozone2002 Supreme	26-Dec-2023 19:00        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	very bullish! https://www.theedgesingapore.com/amp/news/company-news/geo-energy-announces-first-coal-export-shipment-newly-acquired-pt-triaryani-mine savinma      ( Date: 26-Dec-2023 17:53) Posted: Charles seems very optimistic, hope he can steer Geo as good as Tung did. Time flies, its been almost one year since Tung retired. completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.  This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal. In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo
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savinma Member	26-Dec-2023 17:53        savinma About Contact  Quote this Post!
x 0   x 0  Alert Admin	Charles seems very optimistic, hope he can steer Geo as good as Tung did. Time flies, its been almost one year since Tung retired. completion of the first export shipment of coal, from its recently acquired coal mine of PT Triaryani (&lsquo TRA&rdquo ), of 55,000 tonnes to Trafigura Asia Trading Pte Ltd (&ldquo Trafigura&rdquo ) on 23 December 2023.  This first export shipment of coal by TRA is valued at around USD3.2 million based on the average selling price of approximately USD58.98 per tonne. Comparing the average Indonesian Coal Index (ICI) 4,200 GAR price as of 15 December 2023 of USD58.05 per tonne, this shipment was sold at a premium, an indication of a favourable demand for the TRA coal. In addition, the Group has been approached by various world class trading houses on a potential long-term offtake for the TRA coal. We are currently in the midst of negotiations and will make an announcement in the near future. We target to ramp up TRA coal production over the next few years to 25 million tonnes per annum, as we expedite the completion of the construction of the integrated infrastructure. This will put Geo Energy in a good position towards achieving its vision of becoming a billion-dollar business.&rdquo
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pikachu Master	26-Dec-2023 17:40        pikachu About Contact  Quote this Post!   Mood: Yells: "Holy Cow!"
x 0   x 0  Alert Admin	Yah... chiong again!
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huattuatua Elite	26-Dec-2023 17:06        huattuatua About Contact  Quote this Post!
x 0   x 0  Alert Admin	nice closing at 34 kateks die road 1 way
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ozone2002 Supreme	26-Dec-2023 15:37        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:0.34        +0.005 Recovered to 34c Morning could be stop hunt by BBs to shake the stop losses and collect more cheaply  cup n handle target of 38-39c on track    ozone2002      ( Date: 26-Dec-2023 10:55) Posted: majority Selling today
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lailai Elite	26-Dec-2023 15:20        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	will be good if can close 34.0-35.0 tdy, paving way for mo upside in coming weeks after NY, say to 38c, 40, ... to mo bulls in pre CNY. then good result ard chap goh mei, and of cos good div la. bbs will be makin huge profit with their hefty collection at the lo.  jus letting imagin run wild la. tccroy      ( Date: 26-Dec-2023 14:47) Posted: Omg, buyers overcome sellers, paving way to further upside, Huat ah
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tccroy Elite	26-Dec-2023 14:51        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hopefully they burnt big holes in both their no pockets TraderBen      ( Date: 26-Dec-2023 14:48) Posted: shorts in deep shit now..
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TraderBen Supreme	26-Dec-2023 14:48        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	shorts in deep shit now..
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tccroy Elite	26-Dec-2023 14:47        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Omg, buyers overcome sellers, paving way to further upside, Huat ah
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wehuattogether88 Supreme	26-Dec-2023 13:46        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But usually Geo will start moving end Dec. Or might be have to wait a bit longer like what u say in Feb 2024 for the FY results hschsc      ( Date: 26-Dec-2023 13:06) Posted: Have to wait year 2024 results. wehuattogether88      ( Date: 26-Dec-2023 11:51) Posted: After some light profit taking, Geo should be stable and might recovers. Let us watch.
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hschsc Master	26-Dec-2023 13:06        hschsc About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Invest in financially healthy companies"
x 0   x 0  Alert Admin	Have to wait year 2024 results. wehuattogether88      ( Date: 26-Dec-2023 11:51) Posted: After some light profit taking, Geo should be stable and might recovers. Let us watch.
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wehuattogether88 Supreme	26-Dec-2023 11:51        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	After some light profit taking, Geo should be stable and might recovers. Let us watch.
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ozone2002 Supreme	26-Dec-2023 10:55        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	majority Selling today
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lailai Elite	26-Dec-2023 08:58        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Coal will cont to be in great demand, look wat happening in cina. quote: " BEIJING, Dec 24 &mdash Several cities in the central Chinese province of Henan are facing a winter heating supply crunch after a cold wave swept through a swathe of areas, bringing blizzards and sending temperatures to near historic lows. Persistent cold snaps have put thermal power suppliers under strain in Jiaozuo, a city in Henan, with a breakdown of heating boilers in one of the major suppliers leaving some areas in urgent need of more heat supply. ... " coal wave sweeping downwards, thailand kena, northern malaysia oso kena, flooding , etc, etc. " A cold wave is expected to lower the temperature by 5° C to 8° C in the northeast, 4° C to 6° C in the north, 3° C to 5° C in central Thailand (including Bangkok) and the east, and 2° C to 4° C in the upper southern region between Dec 20 and 25. ... " even singapore weather oso upside down, hot in morn, afternn rain, night maybe thunderstorm, covid oso in news nowdays, but those kena like vely mild, jus like 1-3 days ok. tink oil still too expensive for many countries even cina, so coal cheaper altrnative, tho bad for environ but watodo???
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tccroy Elite	26-Dec-2023 08:54        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.bbc.com/news/world-asia-china-67818872
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