* The 2024 guidance is for 35-39 million tonnes of attributable saleable production.
YANCOAL AUSTRALIA LIMITED (ASX:YAL) - Ann: 2024 Annual General Meeting Address and Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Outlook:
Greg Fletcher. I am the Co-Vice Chairman, an Independent Non-executive Director of Yancoal, and Chair of the Audit and Risk Management Committee
This year, we aim to produce at a level similar to the second half of 2023. The 2024 guidance is for 35-39 million tonnes of attributable saleable production. Output will vary quarter-to-quarter due to mine plan sequences, longwall moves and planned maintenance, and there will be a second half weighting to the production profile.
We aim to bring the cash operating costs per tonne down from the full-year 2023 level, and are focused on output given the direct relationship between the volumes we produce and the per tonne cash operating costs we report.
We have guided to Cash operating costs of $89/tonne - $97/tonne. Overall, it was another very strong performance by Yancoal in 2023. We finished the year with great operational momentum and a very strong financial position. That completes the 2023 review, I would like to hand back to Greg Fletcher for the remainder of the meeting.
We have distributed to shareholders A$2.5 billion of unfranked and A$1.8 billion of fully franked dividends since 2018.
Return (inc div) 1yr: 54.28% 3yr: 74.02% pa 5yr: 29.40% pa
Ex Divi: 5th Sept 2024 , Gross Div: 15.37%
5Yr Coal price