CRN 0.79% $1.26 coronado global resources inc.

As per Katana Asset Management: With the metallurgical coal spot...

  1. 19 Posts.
    As per Katana Asset Management: With the metallurgical coal spot price currently trading at more than US$400 a tonne, Australia's second-largest producer will generate around AU$240 million in pre-tax cash flow per month, or around $8 million every single day ($5.5m per day after-tax).

    $2B EBITDA at PE 4 = $8B MC. Just a matter of time and exepct to see these jumps like today. Graph looking great too (DYOR).
 
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$1.26
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