Added to YB: 2026-07-28
Pitch date: 2026-07-25
TGA.L [bullish]
Thungela Resources Limited
Author Info
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Company Info
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia.
Market Cap
ZAR 13.6B
Pitch Price
N/A
Price Target
N/A
Dividend
3.72%
EV/EBITDA
5.08
P/E
-1.97
EV/Sales
0.26
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Oak Bloke Bon Couers Quand Couers 25th July - Thungela Resources Limited
TGA.L: Thermal coal at $131/t, near monthly high on Indonesia supply disruptions (force majeure), Russian output cut by diesel shortages, Middle East tensions. Asia gas-to-coal switch on high LNG prices supports thesis. Hit £18/share & 50% div yield in 2022 — repeat possible?
Read full article (1 min)