YAL 0.47% $6.43 yancoal australia limited

Ann: Company presentation, page-306

  1. 1,282 Posts.
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    this is indice for Chinese coal sector, it hasn't stopped raising for the last 6-7 weeks ,
    YanKuang Energy (major shareholder of YAL) in HKEX today just hit all time high
    second picture is the sand table of one part of ShanXi coal mines (richest coal reserves region ) marked in yellow. now we all understand why Chinese needs Aussie coal. JPs spent 8 years during the invitation still couldn't conquer that region, underground, safety, transportation, heavy machinery are problems glor, and then at last poor quality......
    https://hotcopper.com.au/data/attachments/6008/6008431-eac84f9b65cbf6c538693aac95ffe9e5.jpg
    https://hotcopper.com.au/data/attachments/6008/6008434-94e81ef1ab935530ecca51b00a9d93da.jpg
 
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