GCL 0.00% $3.54 gloucester coal ltd

latest report

  1. 616 Posts.
    could someone tell me how much GCL is producing in coking coal, because the cost of thermal coal is mid $40 and sell price is not much higher, so nearly all the profit is coming from the coking coal, and judging by these quarterly figures of 140,000 ton = 600,000 ton pa @ $110/ton = 66 mil for 40 mil profit = 50c eps x 7 pe = $3.50 where it is trading now.
    10% share buyback is beneficial, but bank debt stands at over 100% D/E.
    costs rising by 12%
    not sure about this one. any comments ?
 
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