Hi Borano,
The March 2024 report stated "Curragh pre-strip deficit works complete; 4 fleets demobilised from site (~30major pieces of equipment) in late March; Completion of these works marks asignificant milestone for the mine and we expect to see a material reduction incosts per tonne from April".
Coking coal futures have fallen in the last few months so there may be a reduction in revenue and costs. We will see the results in a few weeks.
The stanwell rebate costs about $125 million per year and will end 1st January 2029, so cashflow should improve after that.
I am a buy and hold investor in Coronado since April 2021. Hopefully things improve.
Just bought in..... ᕙ༼◕ ᴥ ◕༽ᕗ, page-12
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