YAL 1.83% $6.11 yancoal australia limited

I look at the cash balance this way, EOY cash balance $1.4b, set...

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    I look at the cash balance this way, EOY cash balance $1.4b, set aside dividend $400m, set aside corporate safety buffer $400m, remaining balance $600m, at $196/ton realised sales, it is about 3m tons worth. approximately 1 month worth of sales vol and it pretty much revolves itself.
 
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