No, not yet. I'm waiting for capitulation in the market and/or confirmation re: Xstrata committing to SBR and/or receiving allocation for WEXP1.
Any 2 of the above news will in my opinion indicate the future story for many Surat and Bowen basin coal developers. SMR is no doubt cheap now and still cheap 30-40% higher but the risk associated with them all is Xstrata's future plans as I have been saying for sometime on many coal/stock related forums.
No Xstrata commitment to SBR means no rail transportation to Queensland ports within the timelines of WICET 1 and 2 for many Surat and Bowen basin coal developers.
I might miss the bottom but I need more certainty in this crappy market.
No, not yet. I'm waiting for capitulation in the market and/or...
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Last
$2.13 |
Change
-0.160(6.99%) |
Mkt cap ! $1.919B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.24 | $2.12 | $2.476M | 1.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33720 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 11000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| SMR (ASX) Chart |