Alliance Resource Partners lower ILB prices were pulled down by two factors
Importantly Guidance was that sales prices to improve over the balance of 2017.
- ARLP northern ILB longwall mine which is high chlorine is now at full production (~2mt for the Qrt) and this coal sells for a big discount ~$30/t. (PNL is low chlorine). Obviously this drags the overall sales price average down
- Given the contract to delivery lag, a portion of tons delivered were from contracts locked in throughout H1 last year at the bottom of the market which would have ranged from $40-$45/t
Liquidity position building and distributions steady so obviously preparing to acquire something.
- Forums
- ASX - By Stock
- Research Update.
Alliance Resource Partners lower ILB prices were pulled down by...
-
- There are more pages in this discussion • 105 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TM1 (ASX) to my watchlist
|
|||||
Last
6.9¢ |
Change
-0.009(11.5%) |
Mkt cap ! $24.41M |
Open | High | Low | Value | Volume |
8.1¢ | 8.2¢ | 6.5¢ | $603.3K | 8.453M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55769 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 62313 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 98811 | 0.068 |
3 | 409626 | 0.067 |
7 | 189440 | 0.066 |
5 | 390669 | 0.065 |
3 | 178030 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 264000 | 5 |
0.070 | 469285 | 5 |
0.072 | 173963 | 4 |
0.073 | 11000 | 1 |
0.075 | 48611 | 1 |
Last trade - 15.10pm 17/07/2024 (20 minute delay) ? |
Featured News
TM1 (ASX) Chart |