Ann: Update on Liquidity Management, page-35

1. Well done borano. It appears your analysis has been most sound!

IMO (FWIW), CRN is very unlikely now to go into VA, or be forced into a CR. For any who disagree, can you provide details for a counter-view?
( My view is that today's new & more relaxed waiver conditions for the ABL, CRN no longer having to keep a US $100m cash reserve ie CRN can spend all of it, as it pleases, only a further US $80m capex required to boost production for Mammoth & Buchanan etc.= significant liquidity improvement etc..).

As CRN is now claiming rain events have had a material effect on production, & unexpected maintenance problems & expenses, do you think the market is likely to wait for greater clarity on the levels of production lost; & is a 'catch-up' in production, to reach Guidance, possible by early 2026?

I am changing my sentiment to BUY, after I see stabilisation in the SP.




2. The market is not enthused.

Can anyone provide the full Morgan Report here- why their big reduction in the SP, to 13 c, after this Announcement?

TodayLast 7 DaysLast 30 DaysLast 6 MonthsLast 12 MonthsLast 24 Months previous|1|2|3|4|5|6|7|8|next Date Time Headline 02/06/2025 9:24AM Dow Jones Coronado Global Resources Price Target Cut 28% to A$0.13/Share by Morgans(headline only)