BMB balamara resources limited
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macquarie - coking coal price expectations

  1. DreamCatcher
    6,460 Posts.
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    16/01/14
    10:38
    Post #: 12814226
    Received a research note from Macquarie regarding commodity prices moving forward.

    I thought their price outlook for Coking Coal (FOB) might be of interest to BMB shareholders.

    Hard Coking Coal

    Current Spot = 132 US$/t
    CY 2014 = 147 US$/t
    CY 2015 = 156 US$/t
    CY 2016 = 170 US$/t
    CY 2017 = 180 US$/t
    CY 2018 = 180 US$/t
    BMB Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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