Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James, Could you provide an update on Coronado currently held in Emerging Markets please. Your Share Price Outlook and Operations Funding capacity given the Rainfall interruptions plus other issues impacting production and low market prices realized.
Hi Richard,
CRN has endured a trifecta of bad news in recent years: Declining Coal Prices, Increased Operational Costs and weather related Disruptions and this has put their balance under stress.
We have a very small position in the Emerging Companies Portfolio (now less than 1%) so the downside is very limited. We are retainining this in the event they do secure funding, as this would be materially positiive for the stock. We would not be adding/buying the stock unless funding is secured.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
