YAL 2.98% $7.26 yancoal australia limited

Ann: Company presentation, page-12

  1. 22 Posts.
    lightbulb Created with Sketch. 9
    It is interesting that China continues to build more coal fired power plants despite media articles stating otherwise...
    It wouldn't be surprising to see Yancoal given preference for export to China- it would be a huge advantage imo.

    And on renewables for power generation, these things generally have life of around 25yrs. A fact not openly discussed.

    Furthermore, with inadequate infrastructure currently in place, I see unrealistic time-frames in this transition to renewables. Added to this will be the increasing, massive costs as time goes on.

    Cracks are appearing with the big increases in the costs of energy. It is already becoming a headache for government.

    I think coal will be around for a while yet.
 
watchlist Created with Sketch. Add YAL (ASX) to my watchlist
(20min delay)
Last
$7.26
Change
0.210(2.98%)
Mkt cap ! $9.586B
Open High Low Value Volume
$7.09 $7.34 $7.03 $27.11M 3.748M

Buyers (Bids)

No. Vol. Price($)
2 3038 $7.25
 

Sellers (Offers)

Price($) Vol. No.
$7.27 42472 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
YAL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.