NHC new hope corporation limited

Ann: Quarterly Activities Report, page-25

  1. 127 Posts.
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    to be honest I was disappointed with the ebitda. I was expecting closer to $300 million.

    crazy as it sounds, but they should be making more money with prices where they are.

    they said ave price received for the quarter was au$172/tonne, which is below where it should be.

    maybe it is the fact that there is a lag effect but also as another post mentioned, there is a large portion of sales to the Japanese market which I believe is largely fixed at us$109/tonne until next April.


 
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