Coronado CFO Ziems on FY Results

The transcript discusses the resumption of coal shipments to China after a ban was lifted, highlighting the current demand and economic growth prospects. It explores interest in BHP's mine assets, noting the quality of met coal and market competition. The conversation also covers capital deployment strategies and the significant growth potential in the Indian steel market.

What factors are expected to increase coal demand in China after the New Year?

• New environmental regulations

• Rising oil prices

• Low coal stocks and GDP growth targets

• Increased coal production

Why is the company interested in BHP's mining assets?

• They are being sold at a discount

• They are located in a favorable climate

• They are the highest quality available

• They are high quality but not premium, and part of a strategic expansion

How does the company plan to finance new asset acquisitions?

• By taking on new debt

• Through a strong balance sheet and potential partnerships

• By issuing new shares

• By reducing dividends

What percentage of the company's sales currently go to India?

• 10%

• 20%

• 30%

• 40%

What is the expected growth rate of the Indian steel market this year?

• 10%

• 8%

• 6%

• 5%