sales volume and average selling prices will be at or above the mid-point of the range of
1.2 million tonnes to 1.6 million tonnes and US$50 per tonne to US$55 per tonne in the
third quarter.
The company also re-iterates that direct cash costs are returning to recent trend levels
through the second half of 2011.
With respect to the coking coal market, SouthGobi is not currently observing weakness
among its customers and the regions of China in which its coal is generally consumed.
SouthGobi's current expectation is that fourth quarter sales volume will be similar to
third quarter volume at moderately higher selling prices than the third quarter. Most coal
for fourth quarter is already now contracted. (HL)
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01878 SOUTHGOBI
Nominal 
2.490 +0.080 (+3.320%) Others
04/10/2011 09:58
SouthGobi (01878) tips higher coal selling prices in 4Q
| Remark: | Real time quote last updated: 24/09/2024 17:53 |
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