SMR stanmore resources limited
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$379 is for thermal coal not met coal.Met coal is around $270.I...

  1. borano
    2,727 Posts.
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    01/12/22
    08:17
    Post #: 65088359
    $379 is for thermal coal not met coal.
    Met coal is around $270.
    I think SMR were considering switching some of the coking coal into the thermal coal market because of the price but I might be wrong.
    However, I do know that SMR is a met coal miner, not a thermal coal miner like WHC and NHC.
    The prices of both coals went up yesterday hence most producing coal companies rose yesterday on the back of those prices

    SMR Price at posting: $2.73 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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