Fortune Minerals Limited. T.FT

Towards a European Coking Coal and Steel Community?

[Allman]

This may be flogging a dead horse, but just noticed that coking coal is on the EU critical raw materials list. Just saying ...

https://www.euractiv.com/section/energy-environment/opinion/towards-a-european-coking-coal-and-steel-community/

https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials_en

[Allman]

... BHP has long said met coal has a multi-decade future because blast furnaces are likely to be the dominant steelmaking technology into the middle of this century ... One of the levers they have available to them to do that is to move to higher quality metallurgical coal ... focus the portfolio on higher quality coking coals, which we see as having upside in a faster decarbonising world. ..

[AbuBaba]

Lol. Can FT please buy back the Mt Klappan lease?!

[Moka1]

Many years ago, (I think it was 2007/8) one of the reasons I got into FT was because of Mt. Klappen. ‍

[Moka1]

It just struck me...there has been a lot of money gone through since then. Some of it mine.

[geolith]

Buying the stock in the market is not the same as participating in a placement.  Your money may have gone to Bill, or Joe and not Fortune.  Market purchases does however set the price of the stock, and is critical because if no one bought in the market, the price determination would be irrelevent.  Can you imagine if all shares were bought from the treasury in a financing, and then