CRN - Coronado Global Resources Inc.

[System]

Coronado is a low-cost global producer, marketer and exporter of a full range of premium quality met coals. Coronado owns a portfolio of operating mines located in Queensland, Australia, and in the states of Virginia and West Virginia in the US.

Coronado has a single 100%-owned producing mining complex in Australia and three 100%-owned producing mining complexes in the US. These complexes comprise eight active and productive mines that are located close to transportation infrastructure, which supports Coronado's position as one of the lowest-cost, and one of the most reliable, sources of a suite of met coals whose products are sought by steelmakers globally. In addition to these producing complexes, Coronado has a number of development-stage assets, including MDL 162 in Australia, as well as Pangburn-Shaner-Fallowfield and Russell County in the US.

It is anticipated that CRN will list on the ASX during October 2018.

https://coronadocoal.com

 

[frugal.rock]

Breakout above $1.00 today.
Looking good for a belated covid recovery.

 

[greggles]

Breakout above $1.00 today.
Looking good for a belated covid recovery.

The recovery didn't last long unfortunately. After peaking at $1.28 in January it's been all downhill for CRN. But after a shocker of a 2021 up until now, it looks like the share price may have finally bottomed out.

They just announced that they are raising A$132 million via an entitlement offer at 45c to pay down debt and put some cash in the kitty.

Buying opportunity?

 

[divs4ever]

Coronado updates guidance
following resumption of all mining activities at Curragh Following recent significant events, Coronado Global Resources Inc (“Coronado”, the “Company”, ASX: CRN) provides the market with updated guidance for the financial year ending 31 December 2021, superseding previous guidance issued on 21 October 2021 in its Quarterly production report.
Due to the suspension of operations at Curragh following the fatal injury of an employee in November and above average heavy rainfall across the Bowen Basin caused by La Nina conditions in late November and early December, full year production guidance for the Company is now forecast to be between 17.0 and 17.2 million metric tonnes as the Company will be unable to recover the lost production by year end. Coronado reaffirms its previous commentary related to Mining Cost per Tonne Sold and Capital Expenditure but provides greater clarity.
Due to lower production at Curragh, the Company expects full year Mining Cost per Tonne Sold to be between US$66 and US$68 per metric tonne and full year Capital Expenditure to be under US$100M.
Sales Volumes, while not subject to formal guidance, have not been impacted to the same extent as production due to stockpiling and rail and port operations remaining relatively unaffected by weather events to this point.
The Company expects full year Sales Volumes to be between 17.7 and 17.9 million metric tonnes. With Premium Low-Vol HCC benchmark prices continuing to be well above the long-term average, Coronado reaffirms that it expects to be Net Debt neutral or in a Net Cash position by 31 December 2021.
This announcement was authorised for release by the Disclosure Committee of Coronado Global Resources Inc.

DYOR

i do not hold this share ( but maybe i should research it )

 

[frugal.rock]

Any good bots or insto's with announcement data scraping functionality might be all over this today...? ?
Conditions overall dependant though.

 

[finicky]

Now it's Coronado smashed. At first sight looks overdone? See highlighted change of guidance.
Haven't got time to 'research' for a buy with market closing. But interested, as met coal.

Not Held

 

[Dona Ferentes]

believe it or not, there's a near 50 percent jump today... . $0.105 to $0.157

.

 

[finicky]

12% jump today which I think is the best move from the coal producers which are all up. This follows a 'response to media' announcement yesterday which I haven't read. This level of volume (for 3 days now) seems worth a comment. I'm seeing the downtrend resistance as currently at about 0.20?

Not Held

DAILY

 

[divs4ever]

12% jump today which I think is the best move from the coal producers which are all up. This follows a 'response to media' announcement yesterday which I haven't read. This level of volume (for 3 days now) seems worth a comment. I'm seeing the downtrend resistance as currently at about 0.20?

Not Held

DAILY
View attachment 201069

i can't remember why ( off the top of my head ) but started researching this , spotted something i didn't like ( at 15 cents a share it was NOT the price ) and moved on , buying YAL instead last month

obviously somebody has disagreed ( with me ) in recent days

 

[Dona Ferentes]

.
QUARTERLY HIGHLIGHTS
➢ June 2025 ROM production was best monthly result since July 2019 at $72/tonne Average Mining Costs Per Tonne Sold which has driven improved returns.
➢ 20% increase in ROM production from 5.8 Mt to 7.0 Mt quarter on quarter.
➢ Average Mining Costs Per Tonne Sold for June quarter of $92/tonne at lower end of full-year cost guidance and down 18% on March 2025 quarter.
➢ Delivered positive uplift across all production and cost performance indicators within the quarter, with significant improvement expected in the coming quarters.
➢ Expected increase in production to provide cash flow benefits in the second half with Mammoth and Buchanan expansion projects complete. Both projects cutting coal and expected to delivera step change in production at lower costs.
➢ $284 million immediately available liquidity, a further $53 million subject to increasing theborrowing base under the ABL Facility and a further $50 million of Stanwell rebate deferrals over H2 FY25. Future cash expected from increased production, limiting the impact of past trends.

 

[Garpal Gumnut]

View attachment 204596
.
QUARTERLY HIGHLIGHTS
➢ June 2025 ROM production was best monthly result since July 2019 at $72/tonne Average Mining Costs Per Tonne Sold which has driven improved returns.
➢ 20% increase in ROM production from 5.8 Mt to 7.0 Mt quarter on quarter.
➢ Average Mining Costs Per Tonne Sold for June quarter of $92/tonne at lower end of full-year cost guidance and down 18% on March 2025 quarter.
➢ Delivered positive uplift across all production and cost performance indicators within the quarter, with significant improvement expected in the coming quarters.
➢ Expected increase in production to provide cash flow benefits in the second half with Mammoth and Buchanan expansion projects complete. Both projects cutting coal and expected to delivera step change in production at lower costs.
➢ $284 million immediately available liquidity, a further $53 million subject to increasing theborrowing base under the ABL Facility and a further $50 million of Stanwell rebate deferrals over H2 FY25. Future cash expected from increased production, limiting the impact of past trends.

This little rat is showing signs of life.

gg

 

[Garpal Gumnut]

CRN appears to be coming out of a low of some weeks ago. Today a rise of over 15% on no obvious reports or news.

gg

 

[qldfrog]

CRN appears to be coming out of a low of some weeks ago. Today a rise of over 15% on no obvious reports or news.

gg

was Monday's entry on my RRG system and did quite well so far.Let's continue

 

[Garpal Gumnut]

was Monday's entry on my RRG system and did quite well so far.Let's continue

Sometimes you just have to go with your gut on a chart. It still may bobble along the bottom but a 15+% rise yesterday is nice confirmation.

gg

 

[bettamania]

CRN appears to be coming out of a low of some weeks ago. Today a rise of over 15% on no obvious reports or news.

gg

There are plenty candidates mainly from small cap sector. WETT and Bband make some debut for this type of entry! I will update the stock se tion later once it reach 40 to 50%

 

[Garpal Gumnut]

There are plenty candidates mainly from small cap sector. WETT and Bband make some debut for this type of entry! I will update the stock se tion later once it reach 40 to 50%

May I ask you to express your reply in English. I have no idea what you are talking about. Thank you.

gg

 

[Antirnator]

May I ask you to express your reply in English. I have no idea what you are talking about. Thank you.

gg

هناك العديد من الشركات المرشحة، معظمها من قطاع الشركات ذات القيمة السوقية الصغيرة. أسهم WETT وBband تُسجّلان بدايةً في هذا النوع من الأسهم! سأُحدّث السهم لاحقًا عند وصوله إلى 40-50%.

does this help?

 

[Garpal Gumnut]

هناك العديد من الشركات المرشحة، معظمها من قطاع الشركات ذات القيمة السوقية الصغيرة. أسهم WETT وBband تُسجّلان بدايةً في هذا النوع من الأسهم! سأُحدّث السهم لاحقًا عند وصوله إلى 40-50%.

does this help?

ما هو WETT و Bband؟

gg

 

[Dona Ferentes]

ما هو WETT و Bband؟

gg

WETT و Bband مفاهیم احمقانه‌ای هستند که برای من عجیبند.

 

[Garpal Gumnut]

WETT و Bband مفاهیم احمقانه‌ای هستند که برای من عجیبند.

I did think as much and was fearful of asking the OP beta mania as he/she is so knowledgable but so far above my meagre knowledge and difficult to understand.

gg