AUO austral coal limited

The announcement of 6 Aug said longwall production for July was...

  1. markf17
    288 Posts.
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    15/08/04
    21:49
    Post #: 547435
    The announcement of 6 Aug said longwall production for July was running at a rate of 1.6 mtpa. This was equal to production level before they spent over $100 mill on the new development. But still a long way short of the planned rate of around 3 mtpa.

    They tried to be as positive as possible in the announcement by saying production was up by 44% in July compared to June (the first month of operation for new longwall).
    AUO Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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