YAL 3.44% $6.62 yancoal australia limited

Ann: 2023 Annual General Meeting Address and Presentation, page-49

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    YAL had around $200-300M net cash end of March after providing for Tax, debt repayment and divs. Cash generated in March quarter was around 600M.I would expect cash price received will be less than that. As well a priority was to rebuild inventory for the rest of 2023.

    IMO Dividend will be underwhelming for coal stocks but still impressive against the ASX 200

    I am looking for mining improvements after a few years of target misses due to weather/covid blaa blaa blaa
 
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