Australia Boosts Aid to Ukraine; Whitehaven to Supply Coal Australia Boosts Aid to Ukraine; Whitehaven to Supply Coal March 19, 2022 (Bloomberg) -- Australia is stepping up military and humanitarian aid for Ukraine to assist in its war against Russia, including 70,000 tonnes of thermal coal. Prime Minister Scott Morrison’s government will offer an additional A$21 million ($15.6 million) of military support for Ukraine, including unspecified material from the Australian Defence Force’s stocks. It’s also pledging another A$30 million in humanitarian assistance, according to a government statement Sunday. Australia and its allies have sought to exert pressure on Russian President Vladimir Putin to halt his war against Ukraine. As part of those efforts, Canberra is also imposing a ban on exports of alumina and aluminum ores to Russia, the government said. Russia gets nearly 20% of its alumina supplies from Australia and the move will limit its ability to produce aluminum, a critical export, the statement added. The Morrison government had previously announced a series of measures targeting Russian banks, government entities, as well as the country’s oligarchs. Whitehaven Coal Ltd. will supply the coal and arrange for its shipment to Ukraine without impacting existing contracts to other international partners, Morrison said at a press briefing Sunday. The government is working with the company and the Ukrainian and Polish governments to deliver the supplies that are needed before the end of May, the prime minister said. The assistance will help keep the country’s coal-fired power generators operating and supplying electricity to its power grid. “It’s our coal, we dug it up, we’ve arranged the ship, we’ve put it on the ship and we are sending it to Ukraine to help power up their resistance and to give encouragement,” Morrison said. “We understand that it can power up to about one million homes.” The government will meet the cost of the coal and delivery.<--------
These son of a bitches are gonna be tracked down for the next 50 years just like the Jewish folks did to the f'n nazi's. It's no longer just Putin, it's the officers on the front lines now too.
Amen brother. I am inherently weak. I made promises I cannot keep. Into my hands I weep. I tried to stay away. On Youtube I did not play. My Name is Giorgio- I kept at bay, I tried harder than a Will Smith slap. But now Giorgio is back.
Here is my Last Thought of the day-- outside the box for sure-- BioNTech SE (BNTX)- 183.68+4.90 (+2.74%) As of 10:58AM EDT. Market open. China has a massive problem. They need a RNAI vaccine pronto. Their own sucks. Would they ever give the contract out? BNTX has connections in China.>
Whitehaven Coal Limited shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that Whitehaven Coal will make substantially more sales than they'd previously expected. Following the upgrade, the current consensus from Whitehaven Coal's ten analysts is for revenues of AU$3.7b in 2022 which - if met - would reflect a huge 61% increase on its sales over the past 12 months. Losses are expected to turn into profits real soon, with the analysts forecasting AU$1.03 in per-share earnings. Previously, the analysts had been modelling revenues of AU$3.3b and earnings per share (EPS) of AU$0.96 in 2022. The most recent forecasts are noticeably more optimistic, with a nice gain to revenue estimates and a lift to earnings per share as well.
EU leaders are meeting now. I feel they will cut off Russian coal not nat gas. They cannot due the gas now.