Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

‘The best is yet to come’, says Anglo Pacific Group plc’s Julian Treger

Wednesday, November 2, 2016 1:37
% of readers think this story is Fact. Add your two cents.

Anglo Pacific Group (LON:APF) saw a 147% increase in its royalty–related income for the quarter to the end of September – compared to the same period in 2015.

Chief executive Julian Treger tells Proactive: ”We’ve continued to show progress and as well as the coking coal going up a lot we’ve been encouraged in the quarter to see the price of thermal coal and PCI coal going up and so those were the main events of the third quarter which will really benefit us with a strong finish in the latter part of this year”.

”We estimate that our exposure to coking coal from an income basis is around 65% so that’s actually pretty well correlated and we’re one of the few ways in the world in which investors can benefit from this huge spike in coking coal. We’ve seen that this year and to put it in perspective coking coal has gone from something like over $90/tonne and it’s now trading at around $260”, Treger added.

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.