12 Dec 2019
(Stocks Discussion) SGX: BlackGoldNatural (SGX: 41H)?
Discuss anything about BlackGoldNatural SGX: 41H share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in BlackGoldNatural SGX: 41H
BlackGold Natural Resources Limited, an investment holding company, engages in the exploration and mining of coal in Indonesia.
I am abit worried because their business is in indonesia and not having a stable currency. The company earnings will get affected. Another thing is that, I saw negative margins and high debt. Company not making money or i should put it as loss making. How are they suppose to pay their debt?
BlackGold Natural Resources Limited is an Indonesia-focused coal mining company targeting Indonesia's growing power plant industry. It owns cola mines where the coal is mined and then sold to power plants.
Do take note as Indonesia industralises, they may move away from Coal Fired power plants to combat gloabl warming. This may affect Blackgold natural who is 100% in Indonesia
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