Really? Semi-soft coal index have come off significantly to US$75 (A$112) per tonne levels and it was mentioned cash costs going to increase by A$10 per tonne (excluding royalty). In my view, even if SMR tries to sell at a premium to semi soft indices, assuming they maybe AUD$20 marigin per tonne, EBITDA for FY2020 will be max A$40million....
- KT -
SMR Price at posting:
$1.25 Sentiment: None Disclosure: Held
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