CRN 0.00% 91.5¢ coronado global resources inc.

Ann: Equity Offer Presentation, page-21

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    https://hotcopper.com.au/data/attachments/3150/3150328-235e059ea1b4c17298bfad5b6ace023c.jpg
    Anyone have thoughts on these graphs? I find to believe that over 50% of Australian coal mines are running at a higher cost than Curragh (which is losing money). Surely the mines that sold for $1 in the last downturn don’t have that deeper pockets?
    If it is accurate, you’d have to think closures and then benchmark price improvements can’t be far off?



 
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