Hi Borano,
The March 2024 report stated "Curragh pre-strip deficit works complete; 4 fleets demobilised from site (~30major pieces of equipment) in late March; Completion of these works marks asignificant milestone for the mine and we expect to see a material reduction incosts per tonne from April".
Coking coal futures have fallen in the last few months so there may be a reduction in revenue and costs. We will see the results in a few weeks.
The stanwell rebate costs about $125 million per year and will end 1st January 2029, so cashflow should improve after that.
I am a buy and hold investor in Coronado since April 2021. Hopefully things improve.
Just bought in..... ᕙ༼◕ ᴥ ◕༽ᕗ, page-12
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$1.32 |
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-0.055(4.00%) |
Mkt cap ! $2.212B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.30 | $4.157M | 3.136M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42442 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 102279 | 3 |
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