Highlights
SGX: Golden Energy (AUE)       GOLDEN ENERGY AND RESOURCESLTD
Last Price Today's Change   Day's Range   Trading Volume
0.178   0.00 (0.00%)  0.00 - 0.00  0

Overview

Avg Volume (4 weeks):0
Average Price Target: 0.24
Price Target Upside/Downside: +0.062

Headlines

Date Subject
23-Aug-2019 Golden Energy and Resources Ltd – Ceasing Coverage
03-Jul-2019 Singapore Coal Monthly – More Bad News in May
03-Jun-2019 Singapore Coal Monthly – Cooling Down
23-May-2019 Golden Energy and Resources Ltd – Mitigating An Unfavourable ASP
07-Mar-2019 Golden Energy and Resources Ltd – Look Forward to Lower Costs

Business Background

Golden Energy and Resources Limited engages in the exploration, mining, and marketing of thermal coal in Indonesia. It operates through Coal Mining, Coal Trading, and Forestry divisions. The company holds interests in coal mining concession areas that covers an area of approximately 38,165 hectares located in South Kalimantan, Central Kalimantan, and Jambi. It owns the rights to mine approximately 2.1 billion tonnes of thermal coal resources with coal reserves of 639.8 million tonnes. The company is also involved in the forestry business, as well as in trading agricultural commodities, such as soya beans and wheat flour. It owns forestry concession rights of 265,095 hectares in 4 regents located in South Kalimantan, Indonesia. The company serves power plant operators, pulp and paper factory operators, cement industry, and coal trading companies. The company was founded in 1997 and is based in Singapore. Golden Energy and Resources Limited is a subsidiary of PT Dian Swastatika Sentosa Tbk.

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