YAL 3.89% $7.17 yancoal australia limited

Ann: Quarterly Activities Report, page-7

  1. 10,521 Posts.
    lightbulb Created with Sketch. 1389
    This small extract from YAL's report re its major Moolarben mine (that's on the Muswellbrook to Ulan NSW branch line) strikes me as good management.

    Flexibility:

    "...Product stockpiles are at elevated levels following a train derailment on the rail line servicing Moolarben in late 2023. Coal wash plantmaintenance originally scheduled for October is being brought forward to April as a mitigation measure due tothe elevated product coal stockpiles..."

    Otherwise, given we can't expect the sale prices of 12 months ago that were unusually high, a very pleasing report.

    There's been good rains in northwest NSW in the last 36 hours but from what can be the inaccurate BOM maps, it appears to be a bit north of the Hunter Valley. YAL with its open pits can be susceptible to heavy rain.
    Last edited by Hopeful9: 18/04/24
 
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