YAL 3.89% $5.61 yancoal australia limited

Margin of Safety?, page-35

  1. 103 Posts.
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    It's hard to know the margin of safety because they've stopped reporting costs in quarterlies and instead centre them around cash now (can you blame them?).

    Nevertheless, during 2021 (managed costs and good production):
    Realise coal price: US$104
    Operating EBITDA: $2.53 billion
 
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