GCL 0.00% $3.54 gloucester coal ltd

could someone tell me how much GCL is producing in coking coal,...

  1. 616 Posts.
    could someone tell me how much GCL is producing in coking coal, because the cost of thermal coal is mid $40 and sell price is not much higher, so nearly all the profit is coming from the coking coal, and judging by these quarterly figures of 140,000 ton = 600,000 ton pa @ $110/ton = 66 mil for 40 mil profit = 50c eps x 7 pe = $3.50 where it is trading now.
    10% share buyback is beneficial, but bank debt stands at over 100% D/E.
    costs rising by 12%
    not sure about this one. any comments ?
 
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