Ann: Quarterly Activities Report, page-131

While we can't directly compare NHC/WHC to YAL since the former largely sell higher quality thermal coal than YAL's 5500c, the consistency of the ongoing extremely high prices for most if not all thermal coal grades ought excite.

If YAL achieved A$150 a tonne median for its coal sales, I'd be happy, but far more than this continues to roll in despite YAL having decreased its production forecasts.

Given the lag of when production is reflected in sales, this strongly suggests the forward outlook at a minimum is just as bright as looking back over the past 12 months. I don't have a daily window into YAL's direct hire or contracted labour shortage or its ongoing battle against rising costs, though.