BTU bathurst resources limited

This from the Mac Bank morning note"The quarterly met coal...

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    This from the Mac Bank morning note


    "The quarterly met coal contract settlement dance has taken its first steps, with
    McCloskey?s reporting an initial settlement by Australian producer Jellinbah
    which implies a $175/t hard coking coal benchmark for Q1. Such a settlement
    would come in at the low end of expectations, and would mark the largest
    absolute fall in the history of quarterly met coal contracts."

    For information purposes only

    Viney
 
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