CRN 1.09% 92.5¢ coronado global resources inc.

I agree, andAt these prices you can forget $80M and 5c unless...

  1. 2,608 Posts.
    lightbulb Created with Sketch. 1796
    I agree, and

    At these prices you can forget $80M and 5c unless you are representing a fraction of a months EBITDA, more like US$1.5B, being AU$1.88B pa.

    There will not be much debt to talk about… very soon, remember also the recent receivable. Was that US$34M?

    I have noticed the posts on the CRN, have moved beyond the doom and gloom of the past. It is a far healthier conversation now then about 18 months ago, when we discussed what the future turnaround would be like. Now it is here, we could not have asked for a better outcome.

    I bet very few people predicted these prices.

    Also the latest commentary is suggesting we are at these coal prices for some time,,. potentially the new normal once it settles.
    Last edited by Birchcorp: 18/10/21
 
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