RIV riversdale mining limited
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  1. Billy Gatess
    5,609 Posts.
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    05/02/08
    08:59
    Post #: 3319904
    The coking and thermal coal markets are in crisis. We are aware that coking coal has been traded at $275/t fob Australia (compared to $98/t fob contract basis), spot coke at $550/t and spot thermal at $130/t fob Newcastle (compared to $55.5/t fob contract basis). Needless to say, the risks to our JFY08/09 forecasts for coal contract prices are strongly to the upside.
    RIV Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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