don’t be so sure. Market is forward looking and ter costs are low so we are protected but only just.
i suppose they could dig into their lower strip ratio coal if they have any remaining to continue making profits
around 20% of world coal sea borne coal supply is under the water at the moment so supply will start dropping off giving some breathing room.
Australia needs to get a supply channel established with India so that they stop burning their crap high ash thermal coal which is killing everyone.
don’t be so sure. Market is forward looking and ter costs are...
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $160.1M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.3¢ | 20.0¢ | $355.9K | 1.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 4006689 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 190746 | 9 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| TER (ASX) Chart |