CPL 0.00% 2.2¢ csl finance plc

If the most recent presentation is to be believed our funding...

  1. 1,858 Posts.

    If the most recent presentation is to be believed our funding gap may be reduced:

    "Ongoing tightening and optimisation of costs"

    and:

    "Japan (Coalspur’s closest market) is burning record amounts of coal:
    Seeking Canadian coal for reasons of diversity, quality and proximity to market
    Pay a premium to the market to ensure certainty of supply and quality
    On-going discussions with power utilities"

    Funding gap may be filled with coal pre-payments, off-take.

    The coal price has languished for quarters now, we need a price recovery and a clear path to 12 mill tonnes p/a to see any real share price recovery.

    We wait

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.