CRN coronado global resources inc.

never looked into the peabody deal.....for those that didnt...

  1. 4,304 Posts.
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    never looked into the peabody deal.....for those that didnt know...

    Peabody Energy's acquisition of Anglo American's steelmaking coal mines is expected to boost Peabody's metallurgical coal production to an estimated 21-22 million tons per year by 2026. This acquisition will increase Peabody's annual output from 7.4 million tons to as much as 22 million tons.
    The specific mines included in the acquisition, which are located in Queensland, Australia, are: Moranbah North, Grosvenor, Aquila, and Capcoal, all in the Bowen Basin. These mines collectively produce approximately 15 million tonnes of high-quality metallurgical coal annually

    eek.pngrolleyes.png

    dont we produce more??? ramping up to ~20MT, 2-3 thermal so.....17MT met??!!!

    hmmmmm...$300m vs $5bn......hmmmmm

    if output is what they want......rolleyes.pngsneaky.png
 
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Last
14.5¢
Change
-0.020(12.1%)
Mkt cap ! $243.0M
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17.0¢ 17.0¢ 14.5¢ $2.473M 16.32M

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15.0¢ 287337 2
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