Underlying EBITDA5 of $93.4 million for the quarter, a 39.9 per cent reduction from the previous quarter driven by lower sales volumes at Bengalla Mine, which were impacted by logistics constraints and significant weather events in the Hunter Valley. >>>>>>>>>> so next quarter i expect a good result!!!
Highlights1 •
Twelve-month moving average TRIFR2 was 3.22 at the end of the quarter, an improvement from 3.65 at the end of the previous quarter.
• Group saleable coal production of 10.7Mt for the 2025 financial year, 18.1 per cent higher than the 2024 financial year, and within guidance range, following a strong operational performance at New Acland Mine.
• Bengalla Mine achieved an FOB3 cash cost (excluding state royalties) of $76.5 per sales tonne for the 2025 financial year, comfortably within guidance range and a reduction of 1.7 per cent on the previous financial year.
• Average realised sales price of $131.3/t 4 achieved for the quarter, an 11.0 per cent decrease from the previous quarter driven by lower API-5 index pricing and a larger proportion of highash sales in order to manage contractual commitments and stockpile balances.
• Underlying EBITDA5 of $765.8 million for the 2025 financial year.
• Underlying EBITDA5 of $93.4 million for the quarter, a 39.9 per cent reduction from the previous quarter driven by lower sales volumes at Bengalla Mine, which were impacted by logistics constraints and significant weather events in the Hunter Valley.
• Cash generated from operating activities was $570.8 million for the 2025 financial year, with available cash6 of $707.3 million as at 31 July 2025.
Grossed up Dividend yield: 13.51% which is very nice at $4.33 ..which is close to my purchase price!!
But the Free cash flow looks to be digressing so this is Hold or Sell for me.
3yr return incl dividend is 11%pa
This meeting looks to be a standard AGM .. no hybrid video link.
Climate Activists could on the march
R. Miller - Acquired 300,000 Ordinary Shares ...So Total holding ~ 5,522,000 comes in at x $5.5 = $30,371,000
Dividend 56cps = 31 + 25 > divi + Special divi ( Ex-Dividend 24th Oct.) .A rise in fuel prices increased the underlying cost base by 23%, while the average sales price increased 178% over the same period. We expect inflation to be a headwind into 2023. However, our focus is security of supply and maximising margins
Its a hotty, Good while the demand is there. FINANCIAL RESULTS RELEASE (markitdigital.com)
New South Wales Operations – 80% Owned: Sales volumes were 5.2% higher than previous quarter with a significant amount of coal stockpiled due to Hunter Valley logistics constraints during the month of July. This significant stockpile balance will provide a strong sales runway for the new financial year.
Bridgeport Energy Oil prices continued to remain high during the quarter, with an average realised price of A$162/bbl. During the quarter, Bridgeport sold 64,974 bbl of oil.
This one smoking along. Keep the Fe furnaces hot. also WHC,SMR, YAL
Quarterly link > 2924-02555973-2A1392172 (markitdigital.com)
Highlights
• Underlying EBITDA1 of A$645m for the quarter following further strengthening of coal prices, and final unaudited Underlying EBITDA1 of approximately A$1.56bn.
• Chuwar Coal Mine fully rehabilitated with Queensland Government accepting surrender of the Mining Lease and Environmental Authority.
• Closing cash and cash equivalents A$815m following the investment of $94.4m into Malabar Resources Limited2 and closing receivables of A$504m.
• Thermal coal prices reaching record highs following the Russian invasion of Ukraine and concerns around global energy security. Quarterly gC NEWC finishing at US$404.99/t.
• Strong operational performance at Bengalla despite uncontrollable adverse weather impacting production and impeding operation of the Hunter Valley logistics chain early July.
