Target $18.72, page-4085

Whilst these Coronado comments relate to met coal, it is relevant also to WHC.

This is further confirmation that China is ending its unofficial trade war against Aust. met & thermal coal imports; & that Aust. coal can be superior in quality than "competing" Chinese-mined coal - but our coal can still be cheaper to import than the Chinese-mined coal ( & also USA imported coal).

This, obviously, bodes well for WHC- particularly when the Chinese economy rebounds from its very low growth (due to lengthy, widespread, & severe covid lockdowns)...probably, IMO, in mid 2023.

AFR 24.1.23 said

“Coronado expects Australian met (metallurgical) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or US met coal production, particularly to the Chinese steelmakers in southern regions,” the Queensland-based company said.

“Coronado anticipates that the resumption of Australian met coal imports into China will improve market dynamics as well as increase competition for Australian coal and will likely push up seaborne coal prices in the short term.”

https://www.australianmining.com.au/news/coronado-signals-chinas-coal-advances/

The upcoming increased demand from China, for Aust. coal (inc. our superior grades, in particular) is very likely, of course, to eventually raise coal prices.