Good numbers but think a little too conservative. Royalties are a touch lower and sustaining capex for current tonnage is probably a bit lower too.
Assuming U$120 NEWC and US$105p/t API5, and PCI coal of US$165/t (just above the contingent payment lower bound in the BHP/WHC deal), YAL is trading on 26% FCF yield. Hard for the patient, rational investor to find something better on the ASX.
Ann: Quarterly Activities Report, page-26
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Last
$7.46 |
Change
0.040(0.54%) |
Mkt cap ! $9.850B | |||
| Open | High | Low | Value | Volume |
| $7.42 | $7.52 | $7.39 | $14.41M | 1.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.46 | 4937 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |