'AFR' will have this and more in print tomorrow, Thursday 2 March 2023:Accounts published by Yancoal this week showed the remarkable debt reduction journey was now complete: from net debt of $1.9 billion in December 2021, Yancoal has moved to net cash of $2 billion in December 2022.The huge cash pile means Yancoal has the financial firepower to buy assets at a time when BHP has put two Queensland coking coal mines on the market and Canadian miner Teck Resources has flagged plans to demerge its North American coking coal mines.Mr Moult said Yancoal had looked at Teck’s Canadian mines “a few times” but would prioritise a bid for BHP’s Daunia and Blackwater mines.“For the moment our preference would be to stay focused on the BHP assets and make sure we are successful there,” he told The Australian Financial Review.
Ann: 2022 Financial Result Presentation, page-47
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add YAL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.04 |
Change
0.085(1.22%) |
Mkt cap ! $9.302B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.09 | $7.00 | $6.132M | 869.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11161 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 8604 | 7 |
View Market Depth
| Last trade - 14.19pm 16/08/2024 (20 minute delay) ? |
| YAL (ASX) Chart |