Coal Price Drives TerraCom’s Big June Quarter
TerraCom MD Danny McCarthy discusses highlights of the company's June quarter results, the recent rains in Queensland, the company's key asset Blair Athol and the outlook for coal.
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Terracom Limited
TerraCom Limited (ASX: TER) is an emerging company originating as a resource explorer with a large portfolio of operating assets in Australia and South Africa. We are currently enacting a growth strategy towards delivering a mid-tier diversified operating and trading business and have a global focus on the development of a high yielding diversified asset portfolio for investors.
TerraCom is an emerging mid-tier resource and energy company that leads shareholder value by responsibly and sustainably acquiring, building and operating assets in the resource & energy sector in multiple jurisdictions. We will expand our business through innovative and efficient actions that optimize the vertical integration capacity of our operating assets.
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Coal Price Drives TerraCom’s Big June Quarter
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News
The Cash Keeps Coming for TerraCom
Corporate Connect Research analyst Richard Close has filed an updated report on TerraCom, increasing the estimated NPV/share to $1.46 while retaining the 12-month price target of $A1.21.
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Queensland’s New Coal Royalty Program
Despite the new royalty structures introduced in Queensland last week, coal miners with well managed operations are still likely to obtain profitability for the foreseeable future.
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TerraCom Announces Extended Offtake Coal Agreement
With energy markets at or near record highs we take a closer look at one of the stocks under our coverage – TerraCom Resources (ASX: TER).
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Australia’s Position in the Global Energy Crisis
With energy prices rampant, Australia finds itself in a unique position - shift to cleaner, renewable energy, or support the use of traditional coal power stations to combat this crisis.
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