REY 0.00% 3.6¢ rey resources limited

Olypmian feast your eyes on this.Fromtoday's Australian...

  1. 5,302 Posts.
    Olypmian feast your eyes on this.

    From
    today's Australian

    Commonwealth Bank commodity strategist David Moore said the Newcastle thermal coal spot prices jumped dramatically last week, lifting 12.8 per cent higher to $US95.61 atonne.

    InAustralian dollar terms, Newcastle spot thermal coal prices are now $103.39 a tonne, the first time above $100 a tonne since February lastyear.

    Take rey's coal will fetch about $90 a tonne

    pfs should reflect on 2 mtpa a net profit per year at about $80-90 million per annum.

 
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