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Hopeful9

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26/09/21

21:28

Post #: 56360606
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Originally posted by snorky123: ↑

I cannot help but laugh at the irony of what is going on:

1. Countries worried about cold winters due to demand for power in this so called woke age of climate change where supposedly temperatures are rising !

2. Because of their woke ideology they have bought this on themselves by reducing coal production by various measures and relying on so called renewables , this great panacea which will bring stability and happiness with carbon free ( not ) , cheap power ( not ) and reliable power( not ) to everyone. Im so happy I almost want to sell my 993 and buy an EV , NOT !

3. Now these woke governments who have the audacity to be going to Cop 26 shortly to preach this same clap trap are bending over backwards to buy coal at inflated prices because of their actions . The hypocrisy of this agenda is breathtaking and they cannot see what is front of their faces .

Now back in the real world I invest in WHC and NHC because of these facts :

1. The woke idiots have reduced supply making the existing stocks rise as unable to meet demand created by above nonsense.

2. Australian coal is the best coal ( environmentally ) for these new generation power plants in Asia which have decades of use, none of this brown lignite for me thank you.

3. Unlike previous price hikes it was easy to bring on new supplies quickly from mothballed mines etc, this is not so easy now as the woke idiots have made coal appear to be a rare commodity, making it appear to be an evil source of power that no good corporation would want to use in the West for being shamed by the Greta crew and the fact governments have made consent for new mines very difficult for the same reasons.

Luckily for me and other shareholders who believe in coals future we are sitting on a black gold mine which we can make hay while the sunshines , or not in the case of solar .

Long Live Coal

Expand

While it largely repeats comments made in WHC's FY 21 annual report, there's a positive article in tomorrow's 'The Australian' with comments by Mark Vaile, Chairman.

It's appropriately headed (buy the paper tomorrow for the text or take out a subscription for print and digital as I have - well worth it):
Demand for coal ‘to last for decades’, says Whitehaven chair Mark Vaile

WHC Price at posting: $3.15 Sentiment: Hold Disclosure: Held
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Last $6.66		Change -0.165(2.42%)		Mkt cap ! $5.588B

Open	High	Low	Value	Volume
$6.76	$6.78	$6.61	$25.16M	3.761M

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No.	Vol.	Price($)
45	42211	$6.65

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Price($)	Vol.	No.
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No.	Vol.	Price($)
45	43420	6.650
21	37941	6.640
15	45881	6.630
14	46235	6.620
15	33593	6.610

Price($)	Vol.	No.
6.660	73180	60
6.670	24031	35
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Target $4.61, page-2299

Demand for coal ‘to last for decades’, says Whitehaven chair Mark Vaile

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Target $4.61, page-2299

Demand for coal ‘to last for decades’, says Whitehaven chair Mark Vaile

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