don’t be so sure. Market is forward looking and ter costs are low so we are protected but only just.
i suppose they could dig into their lower strip ratio coal if they have any remaining to continue making profits
around 20% of world coal sea borne coal supply is under the water at the moment so supply will start dropping off giving some breathing room.
Australia needs to get a supply channel established with India so that they stop burning their crap high ash thermal coal which is killing everyone.
Ann: Appendix 4E and 2019 Annual Financial Statements, page-58
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $152.1M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $279.3K | 1.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1323495 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 67908 | 4 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |