Brief: Southgobi Resources Anticipates Coal Inventories Sufficient For Expected Demand For At Least 4 Mnths
25/05/2022 13:15
May 25 (Reuters) - SouthGobi Resources Ltd SGQ.TO :
* ANTICIPATES COAL INVENTORIES SUFFICIENT FOR EXPECTED
DEMAND FOR
AT LEAST 4 MNTHS FOLLOWING RESUMPTION OF COAL EXPORTS TO CHINA
* ANTICIPATES ITS REVENUE, LIQUIDITY & PROFITABILITY TO BE
ADVERSELY IMPACTED UNTIL EXPORTS ARE ALLOWED TO RESUME AT NORMAL
LEVELS
* WILL CONTINUE TO CLOSELY MONITOR SITUATION AT CEKE PORT OF
ENTRY
Further company coverage: SGQ.TO
((Reuters.Briefs@thomsonreuters.com;))
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