Added to YB: 2025-10-15
Pitch date: 2025-10-13
TGA.L [bullish]
Thungela Resources Limited
-1.41%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia.
Market Cap
ZAR 11.0B
Pitch Price
ZAR 85.02
Price Target
N/A
Dividend
15.32%
EV/EBITDA
0.85
P/E
4.42
EV/Sales
0.12
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
2026 from the Oak Bloke - Thungela Resources Limited
TGA.L: Coal miner positioned as 'last man standing' as rivals face supply disruptions from war/policies while coal stays >$100/tonne. Strong cashflow generation & shareholder returns. Bull case: AI driving electricity demand, electrification outpacing renewables, intermittency needs baseload, Trump pro-coal, Global South building coal plants. Low-cost operator set to benefit from supply constraints.
Read full article (1 min)