NHC 0.67% $4.51 new hope corporation limited

Ann: Half Year Results Presentation, page-32

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    The big take out is the long price they have achieved for prices above $400/tonne US - this has guaranteed a good profit for the remainder of the year

    Bidding for BHP’s Blackwater and Duania mines are coking coal open cut mines with low cost per tonne - it gives NHC access to a market that will continue long after steaming coal declines and are world class operations that are a once in a life time opportunity - It will obviously depend on the bidding process but this will establish NHC for years to come
 
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