Result is more or less exactly in line with market expectations. So that's a good thing given most mining companies seem to be missing on cost pressures and lower realised production results. A few highlights for me:
On current and future pricing, looks like we are getting about 95% of the benchmark.
Forward sales book for 12 months is sold, and it looks like these contracts are negotiated at the $375 U.S + region (As per the Glencore contract). Production looks set to ramp up, and the New Acland looks like it will be imminently mined.
Opportunities to further enhance shareholder value with remaining cash, through dividends, buybacks and hedging out the note dilution risk.
Result is more or less exactly in line with market expectations....
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Last
$3.75 |
Change
-0.100(2.60%) |
Mkt cap ! $3.170B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.87 | $3.73 | $9.209M | 2.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $3.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.76 | 7930 | 1 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |