Brief: Ramaco Resources Inc Announces Preliminary 2018 Results And 2019 Guidance

Ramaco Resources

25/02/2019 14:08

Feb 25 (Reuters) - Ramaco Resources Inc  METC.O :
    * RAMACO RESOURCES, INC. ANNOUNCES PRELIMINARY 2018
FINANCIAL
RESULTS AND 2019 GUIDANCE
    * RAMACO RESOURCES INC - RAMACO EXPECTS 2019 COAL PRODUCTION
IN
RANGE OF 1.8 TO 2.2 MILLION TONS
    * RAMACO RESOURCES INC - EXPECTS AVERAGE CASH COST PER TON
TO BE
BETWEEN $63-$69 PER TON AT ELK CREEK MINE COMPLEX IN 2019
    * RAMACO RESOURCES INC - EXPECTS AVERAGE CASH COST PER TON
TO BE
BETWEEN $120-$135 AT BERWIND DEVELOPMENT MINE IN 2019
    * RAMACO RESOURCES INC SEES 2019 CAPITAL EXPENDITURES $35
MILLION
- $40 MILLION
    * RAMACO RESOURCES INC - CAPITAL EXPENDITURES THROUGH THE
YEAR
ENDED DECEMBER 31, 2018 WERE APPROXIMATELY $48 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nPn9ZRqVJa
Further company coverage:  METC.O 

 (Reuters.Briefs@thomsonreuters.com)