McDouall Stuart Research Note, 21 May 2008 used a forward price curve of US$250/t for JFY09 (previously US$170), US$200/t for JFY10 (US$130), easing to US$100/t from JFY14.
As they remarked, "...the increase to nearer-term prices has a significant impact on our valuation."
That pricing curve is going to have to be shifted up signicantly to reflect the real commercial environment, rather than the conservative assumptions of a broker's report.
- Forums
- ASX - By Stock
- PRC
- first coking coal to sell at record prices
first coking coal to sell at record prices, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online