YAL 2.47% $5.40 yancoal australia limited

Ann: New South Wales Coal Reservation Policy, page-21

  1. 351 Posts.
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    I believe YAL was selling its coal at about 20% discount from NEWC. Even if 5500kcal were trading at US200/t, YAL was selling about AU400ish/t.

    Give that a AU$100-AU$150/t discount under the policy, about AU$40-AU$60m per quarter revenue gone.
 
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