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.
Ann: New South Wales Coal Reservation Policy, page-21
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$6.81 |
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Mkt cap ! $8.992B | |||
| Open | High | Low | Value | Volume |
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