Snake,
Don't know much about coal, but I have been having a browse anyway.
It's amazing how little $/ton coal resource trades at. E.g. GUF with an EV of about $300m and a JORC resource of 1Bt implying 30c/ton or essentially nothing relative to the price of coal.
Reinforces the point that resources are cheap. It is the infrastructure and proven mining ability that the market values.
any long term holders?, page-9
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $142.0K | 473.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 144709 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 27772 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |