Ann: Update on Liquidity Management, page-70

@pbawley FWiW, there is too much dilution to raise signicant capital.
Think about it. An extra say $30 million at 10 cent raise would mean a dilution of approximately 18%.
Therefore I can't see that happening.
However beear in mind, math is not my strong point though.

@TobyM420 with regard to short sales, the short sales increased from 40 million shares from the trading day (Friday 23 May) before the L1 announcement (Monday 26 May) of ceasing to be substantial shareholder, so shorts jumped in on the Monday and probably thought L1 not finished selling. On the Monday the shorts increased from 40 million shorts to circa 55 million. That's an increase of circa 30% shorts in one day.

Again FWIW, once L1 is finished selling we may see a bit of a short queeze.

@pastperformer I don't believe it's a can being kicked down the road. Chin up big fella, don't expect anything to happen for a while. Insto's don't sell in a day. The algo's will sell and buy with the sells dominating. Go look at other ceasing to become substantial shareholders. It's rarely SELL, SELL, SELL. But what would I know.

@Alphaking do you really believe that Coronado will not be able to improve their "liquidity improvement plan" in the medium to long term? It's all but settled that short term there are no other hurdles to overcome. $100 million cost cutting iniatives over the rest of the year not inclusive of Mammoth and Buchanan expansions. That's an extra $14 million per month in cost and capital reductions.

It now really comes down to the realised pice of their coal. But with all the cost cutting and more saleable product I see them still in a very good position going forward.

I am confident that they will get to 2026 easily. When things look bad, it's toon easy to see the glass half empty. At least we dont have net debt of nearly $5 billion. That's called trouble.