Based sentiment excl. the #coaltwitter degens, it seems like the street is frothing lots of commodities but very little commentary on coal & are treating FY22 as a once-off. Most ppl don't even know $YAL exists yet it's one of the bigger companies on the ASX. $WHC $NHC $SMR $BTU
No coal company shareholders are in coal for growth. If your own mines are trading for a song, the winning bid will pay BHP a song as well. #coaltwitter
Not sure how accurate these forecasts are (mine more conservative) but thank you to the guys selling me stonk at 1x CY25 EBITDA
$SMR.AX #coalTwitter
So this is $YAL.AX $YAL's historic EV dating to 2016. It peaked at circa 10B & troughed recently at circa 5B. It's currently at around 6.2B where the cursor is & the balance sheet is in the best health it's ever been along with strong underlying commodity prices... #coaltwitter
$YAL.AX $YAL latest research from CMB International
Link:
cmbi.com.hk/article/9478.h…
PT of HK$40 (AUD$7.76) w/ assumptions & sensitivities below. Best bits are the LT met / thermal price assumptions of A$125 / A$200, respectively. #coaltwitter
