$Geo Energy Res (RE4.SG)$ Coal demand will not vanish, Geo i...
Coal demand will not vanish, Geo is upping its resources via a big buy of a peer.
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102489653 : do you coal demand will still be bullish for upcoming few years?
bullrider_21OP 102489653: Coal prices may rise a bit later this year. Coal prices have peaked. Generally, they are on a downtrend. It's the dirtiest fuel and countries are moving to other cleaner energy sources.
102489653 bullrider_21OP: what's next for coal companies, with all green energy ongoing?
bullrider_21OP 102489653: Some are expanding by acquiring other companies. Financing will be more difficult. But coal is still the main energy source for poor countries. Demand will decrease gradually.