Australian (ASX) Stock Market Forum

YAL - Yancoal Australia

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Including YAL in my 2023 tipping.
Runs multiple Australian mines, earns money and is now paying a dividend.
Solid financials, and well poised to participate in the coal story, which has further to run.
 
Good evening
PoC not real flash at the moment, but YAL SP not too bad at the end of the day, reckon.
31 December 2023 cash balance of $1.40 billion with $477 million added to the cash balance during the quarter after all operating costs, as well as capital expenditure and monthly tax payments.

Average realised coal price was A$196/tonne for the quarter and A$232/tonne for the year;
18.1Mt ROM coal production (100% basis);
12.9Mt Saleable coal production (100% basis);
9.7Mt Attributable saleable coal production;
10.1Mt Attributable coal sales.

Yancoal paid a final dividend of 70 cents per share on 28 April 2023 and interim dividend of 37 cents per share hit their bank account on 20 September 2023. $1.07 fully franked.

5 minute chart
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Not holding.
Have a very nice week.

Kind regards
rcw1
 
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