WLC
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0.00% 0.8¢ wollongong coal limited

Ann: Operations at Wongawilli Colliery to Recommence,DSB-WLC.AX, page-2

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  1. Portsmouth
    2,041 Posts.
    lightbulb Created with Sketch. 76
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    17/08/16
    11:42
    Post #: 18537401
    Finally some good news : at this time it is real.

    First shipment of 80,000 mt as advised by the company due to loaded out of Port Kembla next week.

    SP looks pretty good value, despite the debt the company is carrying.

    The price for coking coal is now creeping up (demand from India) at USD70 pmt

    With 800,000 mt ex wongawilli : that equates to around AUD800m revenue - plus the reserves at South Bulli.
    WLC Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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