CLR carabella resources limited
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Maybe..but some big orders were coming in.My ongoing issue with...

  1. Denial
    10,383 Posts.
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    19/03/13
    16:31
    Post #: 11559022
    Maybe..but some big orders were coming in.

    My ongoing issue with these broker models is that they see AUD coming back well below par to USD which gives them a HCC price of AUD $220/t from FY16 onwards.

    If you assume a LT HCC price of US$215/t you still get a sub 20% IRR at Grosvenor West.

    CLR Price at posting: 35.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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