The 3 months since January 2022 are now done. Based on average deliveries of 700,000 tonnes per month,I would expect that 2,100,000 tonnes was shipped out of Newcastle during those past 3 months. There might be some adjustments as some bulk carriers left on 1st and 2nd of May. Other coal exporters advised prices during that period of about A$320 per tonne. current quotes show prices at about $290 US per tonne or about A$400 per tonne. It is feasible to suggest that revenue for period 1 Feb to 30th April 2022 would exceed A$ 650 million. with prices still strong in May , total revenue for six month see ending 31July 2022 might exceed A$1,300,000,000. E&OE.
NHC Price at posting:
$3.54 Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)