NWR says Q4 coking coal price up 4 pct from Q3
PRAGUE, Oct 30 (Reuters) - Czech coal miner NWR said on Thursday its average agreed price for coking coal deliveries in the fourth quarter of 2014 rose 4 percent from the previous three months to 85 per tonne.
NWR completed a capital restructuring last month, including dilution of shareholders through a new s equity issuance and a haircut on bondholders following a drop in coal prices in the past years.
Analysts have said the company's future depended on a lasting recovery in the coal price. (Reporting by Jan Lopatka)