There was bad weather at the port of Newcastle NSW in June 2024, affecting shipments, although YAL should have quite a decent stockpile there.
I don't know how much the idiotic, repeated overnight protests by greenies that blocked coal and passenger trains affected coal sent by rail from mine to port, but it can't have been helpful.
Hopefully the current half will be better, as YAL expects.
Overall however who I am to complain? YAL lacks any debt, continues to generate cash even with mine hiccups, and in line with its constitution is a generous dividend payer. To cap it all off, SH have enjoyed capital growth not just divvies.
There was bad weather at the port of Newcastle NSW in June 2024,...
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