Nice rise after the seller exited.
SGX coking coal for sept is at $250/t
That is $100/t over the pfs.
For every dollar above $150/t the company makes an additional $400m USD (4mt X $100) free cashflow per annum above the pre tax $878m USD npv..
As @boiler pointed out, China has a preference for Mongolian coking coal (and conversely western suppliers have a preference for non-Chinese customers after the embargoes).
While this is still high risk, there are massive rewards if they can succeed. GLTAH
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $159.9M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 31.0¢ | $5.718K | 18.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 166300 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 155431 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 166300 | 0.305 |
2 | 14795 | 0.300 |
2 | 6000 | 0.290 |
2 | 58500 | 0.280 |
1 | 4065 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 155431 | 2 |
0.325 | 59210 | 2 |
0.330 | 83700 | 1 |
0.335 | 1650 | 1 |
0.340 | 39450 | 1 |
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